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security and the design of incentives to delay retirement beyond the earliest age of eligibility for benefits. Before analyzing …
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The fact that consumers do not know in advance the dates at which they will die effects their individual consumption and portfolio decisions. In general, some consumers will end up leaving bequests at death, even if they have no bequest motive, simply because they happen to die at a time when...
Persistent link: https://www.econbiz.de/10013235635
The fact that consumers do not know in advance the dates at which they will die effects their individual consumption and portfolio decisions. In general, some consumers will end up leaving bequests at death, even if they have no bequest motive, simply because they happen to die at a time when...
Persistent link: https://www.econbiz.de/10012477718
Taxation with Time-Inconsistent Preferences -- 5 Incomplete Markets and Social Security -- 6 Models of Optimal Retirement … Incentives with Varying Disutility of Labor -- 7 Models of Optimal Retirement Incentives with Varying Life Expectancy -- 8 …
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This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
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