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Mortality Change, the Uncertainty Effect, and Retirement

We examine the role of declining mortality in explaining the rise of retirement over the course of the 20th century. We construct a model in which individuals make labor/leisure choices over their lifetimes subject to uncertainty about their dates of death. In an environment with high mortality, an...

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Autors principals: Kalemli-Ozcan, Sebnem, Weil, David N.
Format: Artigo
Idioma:Inglês
Publicat: 2010
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Accés en línia:https://ncbi.nlm.nih.gov/pmc/articles/PMC3867141/
https://ncbi.nlm.nih.gov/pubmed/24363604
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1007/s10887-010-9050-1
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