Can higher life expectancy induce more schooling and earlier retirement?
Can higher life expectancy induce more schooling and earlier retirement?
复制标题
DOI:
10.1007/s00148-011-0397-1
复制
发表时间:
2012-10-01
影响因子:
6.1
通讯作者:
Lonstrup, Lars
中科院分区:
文献类型:
--
作者:
Hansen, Casper Worm;Lonstrup, Lars
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, 2009) 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.