Market Wages, Reservation Wages, and Retirement Decisions
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The paper is an empirical cross-section study of the retirement decisions of American white men between the ages of 58 and 67. predicated on the theoretical notion that an individual retires when his reservation wage exceeds his market wage. Reservation wages are derived from an explicit utility
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美国国家经济研究局创建时间：
1980-07-01
