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region model with endogenous savings, labour supply and a bequest motive that is augmented with actual demographic data …
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-age consumption is financed with voluntary savings, even in the presence of a fairly generous public pension system. This is clearly …
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We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK through the Old-Age Pension Act (OAP) of 1908. The OAP was a major social policy intervention and the first one to universally target older workers in a time of very limited...
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