Add to ORKGIn this paper, we analyze the effect of a pension system on the life expectancy and the lifetime utility level using an optimal dynamic problem of individuals who live in continuous and finite time. Our model yields a number of intriguing results: 1) Life expectancy is not always proportional to lifetime utility. 2) The pension system can make life expectancy longer or shorter. 3) It is not always true that the pension system improves the lifetime utility level
Assuming that individuals are altruistic, this paper employs an overlapping generations model with l...
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompani...
This paper aims at investigating whether or not a utilitarian social planner should subsidize longev...
In this paper, we analyze the effect of a pension system on the life expectancy and the lifetime uti...
We have analyzed the effect of a pension system on life expectancy and happiness level using a cross...
In this paper, we study the optimal pension design when individuals are di¤ering in their length of ...
We develop a life-cycle model of optimal retirement and savings behavior under complete markets wher...
JEL Classification: H55 - ED EPSA growing empirical literature shows that life expectancy depends on...
In this paper, we consider how the retirement age as well as a tax financed pension system ought to ...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life...
JEL Classification: H55 - <br />ED EPSA growing empirical literature shows that life expectancy depe...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life...
Increase in life expectancy and choice of the pension system The effects of aging are usually model...
Life expectancy di¤ers across socio economic groups and according to indi-vidual health endowments. ...
Assuming that individuals are altruistic, this paper employs an overlapping generations model with l...
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompani...
This paper aims at investigating whether or not a utilitarian social planner should subsidize longev...
In this paper, we analyze the effect of a pension system on the life expectancy and the lifetime uti...
We have analyzed the effect of a pension system on life expectancy and happiness level using a cross...
In this paper, we study the optimal pension design when individuals are di¤ering in their length of ...
We develop a life-cycle model of optimal retirement and savings behavior under complete markets wher...
JEL Classification: H55 - ED EPSA growing empirical literature shows that life expectancy depends on...
In this paper, we consider how the retirement age as well as a tax financed pension system ought to ...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life...
JEL Classification: H55 - <br />ED EPSA growing empirical literature shows that life expectancy depe...
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life...
Increase in life expectancy and choice of the pension system The effects of aging are usually model...
Life expectancy di¤ers across socio economic groups and according to indi-vidual health endowments. ...
Assuming that individuals are altruistic, this paper employs an overlapping generations model with l...
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompani...
This paper aims at investigating whether or not a utilitarian social planner should subsidize longev...