A closed from solution to the retirement timing problem is obtained, and its comparative-statics implications are derived. Of the nine comprative-statics results presented here, three amount to confirmation of ones obtained previously by Mitchell and Fields, and the remainder are new.
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Paper provided by New South Wales - School of Economics in its series Papers with number
97/01.
Length: 9 pages Date of creation: 1997 Date of revision: Handle: RePEc:fth:nesowa:97/01
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Find related papers by JEL classification: J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Barry J. Nalebuff & Richard J. Zeckhauser, 1985.
"Pensions and the Retirement Decision,"
NBER Chapters,
in: Pensions, Labor, and Individual Choice, pages 283-316
National Bureau of Economic Research, Inc.
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