Bielecki, Marcin; Goraus, Karolina; Hagemejer, Jan; … - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2014
We evaluate the welfare and macroeconomic effects of increasing the retirement age in the context of population aging … is universally welfare enhancing for all living and future cohorts, regardless of the pension system. Quantitatively … our findings in a population with lower pace of aging due to higher fertility. Finally, we show scope for further welfare …