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

endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially … unfair pensions further exacerbate labor tax distortions on retirement. Education subsidies can nevertheless cushion the … adverse impact of taxation on skill formation. Feedbacks between education, labor supply, and retirement are important. The …

is both distortionary and inequitable. Early retirement and pension schemes should be made actuarially fairer as they …

is both distortionary and inequitable. Early retirement and pension schemes should be made actuarially fairer as they …

in an extension of the model with regard to endogenous retirement. …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …

to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …-capita growth. The OLG model captures direct effects, working through adjustments in the savings rate, labor supply, and capital … deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …

for consumption and the hours of time supplied to the labour market, they also choose their schooling level and retirement …

is important in the presence of retirement and especially so as earlier retirement ages are observed in many western … countries. This paper presents an overlapping generations model including both an educational and a retirement decision, thereby … increase in life expectancy does not necessarily increase the expected length of economic life as also early retirement can …