Sánchez-Romero, Miguel; Sambt, Jože; Prskawetz, Alexia - In: Labour Economics 22 (2013) C, pp. 94-114
decides over its consumption paths, work effort, and retirement age according to the life-cycle theory of labor, while they … face survival risk. We find that the pension reforms implemented from 2000 to 2004, although in the correct direction, are …