An edition of A theory of retirement
(2007)
A theory of retirement
by David E. Bloom
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"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 retirement age increases proportionally less than the increase in life expectancy"--National Bureau of Economic Research web site.
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Edition Notes
Title from PDF file as viewed on 12/7/2007.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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- Created December 19, 2020
- 1 revision
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| December 19, 2020 | Created by MARC Bot | Imported from Library of Congress MARC record |