Arnold-Gaille, Séverine; Jijiie, Anca - In: Risks : open access journal 8 (2020) 4/102, pp. 1-40
We are interested in defining the optimal retirement age by socio-economic class, given a Defined Benefit and a Notional Defined Contribution scheme. We firstly implement a utilitarian framework. Depending on the risk aversion coefficients and individual time preference factors, the results...
