A Theory of Retirement
收藏NBER2007-11-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13630
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资源简介:
We construct a life-cycle model in which retirement occurs at the end of life as a result of declining health. We show that improvements in life expectancy, coupled with a delay in the onset of disability, increases both the optimal consumption level and the proportion of life spent in leisure. The
提供机构:
美国国家经济研究局
创建时间:
2007-11-01



