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Life-Cycle Effects on Consumption and Retirement

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NBER1982-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0976
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The effects on consumption and retirement of characteristics of the life cycle, especially the length of the horizon, are examined. At any given age people will work more and consume less if they expect to live longer. This and other propositions are tested on several sets of data. The Terman sample
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1982-09-01
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