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CAPABILITY, HEALTH, AND THE LABOUR MARKET – THE RETIREMENT DECISION


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Title: CAPABILITY, HEALTH, AND THE LABOUR MARKET – THE RETIREMENT DECISION
Authors: Bolin, Kristian
Lood, Qarin
Issue Date: Sep-2021
Extent: 21
Publication type: report
Publisher: University of Gothenburg
Organization: Department of Economics, University of Gothenburg
Series/Report no.: Working Papers in Economics
810
Keywords: Capability
Health
Retirement
Abstract: The time of retirement is analyzed in a theoretical framework taking capability and health into account. Capability if formalized as a stock characteristic which determines the attained amounts of a composite good which yields utility. The model is purposely simple and comprises one choice variable – the time of retirement. The core assumption is that inherited capability influences the rate of evolvement of health, and vice versa, and that the rates of change of the stocks differ between the pr... more
ISSN: 1403-2465
Description: JEL Codes: I1, I3
URI: http://hdl.handle.net/2077/69498
Appears in Collections:Working papers

 

 

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