Piekkola, Hannu; Leijola, Liisa - In: electronic International Journal of Time Use Research 4 (2007) 1, pp. 1-29
This paper examines the incentive effects of market and household work on retirement. This is accomplished by …, household work may also replace market work after retirement. We construct re-placement rates and option values that include the … incentives makes the prospect of retiring more attractive, and that the calculation results correlate with actual retirement ages …