The Effect of Improvements in Health and Longevity on Optimal Retirement and Saving
收藏NBER2004-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w10919
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资源简介:
We develop a life-cycle model of optimal retirement and savings behavior under complete markets where retirement is caused by worsening health in old age. Our model explains the long-run decline in the age of retirement as an income level effect. We show that improvements in health and longevity
提供机构:
美国国家经济研究局
创建时间:
2004-11-01



