We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …

We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …

function. Differences in population growth rates, life-expectancies, retirement durations, and the degree of concavity of the … growth trap” in economies where life expectancy is short, fertility rates are high, and households work most of their lives …

We show that the long-run economic growth effect of an increase in the retirement age is unambiguously positive in …-by-doing-spillovers, in which an increase in the retirement age reduces physical capital accumulation and thereby economic growth. Our results …

mortality. The economy consists of two sectors: final goods production and a health care sector, selling medical services to … individuals. Individuals demand health care with a view to lowering mortality over their life-cycle. We derive the age …

and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account …

contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely …