Benjamin, Dwayne; Brandt, Loren; Fan, Jia-Zhueng - University of Toronto, Department of Economics - 2003
Deborah Davis-Friedmann (1991) described the \"retirement\" pattern of the Chinese elderly in the prereform era as \"ceaseless toil\": lacking sufficient means of support, the elderly had to work their entire lives. In this paper we re-cast the metaphor of ceaseless toil in a labor supply model,...