LONGEVITY, RETIREMENT, AND CAPITAL ACCUMULATION IN A RECURSIVE MODEL WITH AN APPLICATION TO MANDATORY RETIREMENT

DOI10.1017/S1365100508080073MaRDI QIDQ3397757zbMATH OpenFDO

Authors Jie Zhang, Junsen Zhang

Publication date 25 September 2009

Published in Macroeconomic Dynamics (Search for Journal in Brave)

zbMATH Keywords

growthretirementlongevitylife-cycle saving

Mathematics Subject Classification ID

Recommendations

• Optimal retirement with increasing longevity
• Raising the mandatory retirement age and its effect on long-run income and pay-as-you-go (PAYG) pensions
• Increasing life expectancy and optimal retirement in general equilibrium
• The life-cycle model with optimal years of working and leisure under given survival schedule
• Longevity and lifetime labor supply: evidence and implications

Cites work

• Life expectancy and endogenous growth

Cited in

(12)

• Structural dynamic model of retirement with latent health indicator
• Why mandate young borrowers to contribute to their retirement accounts?
• Postponing retirement and economic growth
• Education, lifetime labor supply, and longevity improvements
• The effects of the raising-the-official-pension-age policy in an overlapping generations economy
• Mortality transition and differential incentives for early retirement
• Longevity and economic growth in a dynastic family model with an annuity market
• Longevity and lifetime labor supply: evidence and implications
• Increasing life expectancy and optimal retirement in general equilibrium
• Raising the mandatory retirement age and its effect on long-run income and pay-as-you-go (PAYG) pensions
• A Macro-Economic Indicator of Age at Retirement
• On the golden rule of capital accumulation under endogenous longevity

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