model with stochastic life expectancy across generations and endogenous retirement decisions. The social optimum is shown to … imply that retirement age should be proportional to longevity. Moreover, increasing longevity calls for pre-funding even if … sharing and retirement incentives are analyzed …

The current practice of measuring age as years-since-birth distorts important behavior such as retirement, saving, and … other things. GDP would be between seven and ten percent higher by 2050 if retirement lengths stabilize. Several policies …

treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …

women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the … policy trade-offs. -- Older workers ; statutory retirement age ; hours of work …

treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …

women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …

treatment of men and women in retirement security even when lifetime earnings and projected average life expectancy may differ …

policy choice inevitably arises since a given social security system cannot be maintained by simply indexing retirement ages … longevity increases, the young generation contributes more, and the old generation faces lower benefits and a retirement age …