The Decision to Retire: Some Microeconomic Hints
This very brief paper aims to provide some little microeconomic hints in order to explain the early retirement of workers. In particular, the hipothesis of quasi-concavity of the utility function, differences in wage rates and in pension benefits are all factors which may contribute to force a worker to retire before he reached the retirement age.
|Date of creation:||Jan 2007|
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Web page: https://mpra.ub.uni-muenchen.de
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