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Population aging in Europe calls for an overall rise in the age of retirement. However, most observers agree that the latter should be differentiated to account for different individuals' heterogeneous health when they grow older. This paper explores the relevance of this idea using the European...
Persistent link: https://www.econbiz.de/10012544965
Population ageing in Europe calls for an overall rise in the age of retirement. However, many argue that this age should be differentiated to account for individuals' career arduousness. This paper explores the relevance of this idea. It combines the 7th wave of the SHARE panel data on health at...
Persistent link: https://www.econbiz.de/10012494388
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Persistent link: https://www.econbiz.de/10014465319
Persistent link: https://www.econbiz.de/10003295515
Extensive research by demographers and economists has shown that longevity differs across socioeconomic status (SES), with low-educated or low-income people living, on average, shorter lives than their better-endowed and wealthier peers. Therefore, a pension system with a unique retirement age...
Persistent link: https://www.econbiz.de/10013297349
Population ageing in Europe calls for an overall rise in the age of retirement. However, many argue that this age should be differentiated to account for individuals' career arduousness. This paper explores the relevance of this idea. It combines the 7th wave of the SHARE panel data on health at...
Persistent link: https://www.econbiz.de/10013305917
In this paper, we examine the consequences of delaying retirement in an overlapping generations model with domestic production and parental transfers in the form of grandchild care. We show that a change in age at retirement influences the employment rates of both young and the old. This...
Persistent link: https://www.econbiz.de/10010540102
In order to study the macroeconomic effects of public finances, we construct a computable general equilibrium model with overlapping generations, endogenous growth and endogenous retirement age. We calibrate this model on Belgian data. We show that it is able to replicate the observed increase...
Persistent link: https://www.econbiz.de/10004985271