Ferreira, Pedro Cavalcanti Gomes; Santos, Marcelo … - FGV/EPGE Escola Brasileira de Economia e Finanças, … - 2008
This article investigates the causes in the reduction of labor force participation of the old. We argue that the changes in social security policy, in technology and in demography may account for most of the changes in retirement over the second part of the last century in the U.S. economy. We...