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treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …
Persistent link: https://www.econbiz.de/10010331445
treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …
Persistent link: https://www.econbiz.de/10010659262
treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …
Persistent link: https://www.econbiz.de/10009754506
We analyze time use studies to describe how people allocate their time as they age, especially among paid work, unpaid work, leisure, and personal care. We emphasize differences in time allocation between older (i.e., those aged 65+) and younger people; between developed and developing countries;...
Persistent link: https://www.econbiz.de/10013351766
We analyze time use studies to describe how people allocate their time as they age, especially among paid work, unpaid work, leisure, and personal care. We emphasize differences in time allocation between older (i.e., those aged 65+) and younger people; between developed and developing countries;...
Persistent link: https://www.econbiz.de/10013184664
We explore the proposition that expected longevity affects retirement decisions and accumulated wealth using micro data … drawn from the Health and Retirement Study for the United States. We use data on a person's subjective probability of …. These findings are consistent with the view that retirement decisions are driven by institutional constraints and incentives …
Persistent link: https://www.econbiz.de/10012905861
We develop a simple life cycle optimizing model of retirement and savings. We show that, in theory, higher incomes lead … to earlier retirement and higher savings while longer life spans lead to later retirement and lower savings. We calibrate …
Persistent link: https://www.econbiz.de/10012905890
Persistent link: https://www.econbiz.de/10010419835
We find that a cross-country model of economic growth successfully tracks the growth takeoffs in China and India. The major drivers of the predicted takeoffs are improved health, increased openness to trade, and a rising labor force-to-population ratio due to fertility decline. We also explore...
Persistent link: https://www.econbiz.de/10005698409
We construct a life-cycle model in which retirement occurs at the end of life as a result of declining health. We show … consumption level and the proportion of life spent in leisure. The retirement age increases proportionally less than the increase …
Persistent link: https://www.econbiz.de/10005698414