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Can higher life expectancy induce more schooling and earlier retirement?
- Source :
-
Journal of Population Economics . Oct2012, Vol. 25 Issue 4, p1249-1264. 16p. - Publication Year :
- 2012
-
Abstract
- In this paper, we show that it may be optimal for individuals to educate more and retire earlier when life expectancy increases. This result reconciles the findings of Hazan (Econometrica 77:1829-1863, ) with theory. Further, the paper contributes to a better understanding of the conflicting empirical findings on the causal effect on income per capita from increased life expectancy. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 09331433
- Volume :
- 25
- Issue :
- 4
- Database :
- Academic Search Index
- Journal :
- Journal of Population Economics
- Publication Type :
- Academic Journal
- Accession number :
- 76912470
- Full Text :
- https://doi.org/10.1007/s00148-011-0397-1