Abstract
Abstract
Retirement timing is an issue of great political importance these days. Policy-makers develop various initiatives encouraging workers to postpone retirement beyond the statutory retirement age. This effort brings, however, just minimal outcomes. Although increasing opportunities and abilities to work in old age, in some countries people tend to retire as soon as it is possible. In economic terms, they make suboptimal (irrational) decisions.
Publisher
Cambridge University Press (CUP)
Subject
Management, Monitoring, Policy and Law,Public Administration,Social Sciences (miscellaneous)