This paper investigates the role of productivity as a determinant of the worker's retirement intentions. Using an overlapping generation framework, we analyze the retirement decision of a cohort of workers being ability heterogeneous. The labor market is endogenously segmented between workers...

Recent research has shown that technological change has important labor market implications and in this paper we demonstrate one on the avenues through which this occurs. According to the theory of human capital, technological chanqe will influence the retirement decisions of older workers in...

The employability of an aging population in a world of continuous and biased technical change is top of the political agenda. Due to endogenous human capital depreciation the effective retirement age is often below statutory retirement age resulting in permanent non-employability of older...

Recent research has shown that technological change has important labor market implications and in this paper we demonstrate one on the avenues through which this occurs. According to the theory of human capital, technological chanqe will influence the retirement decisions of older workers in...