Mandatory retirement and economic growth: An inverted U-shaped relationship

The aim of this note is to investigate the relationship between economic growth and mandatory retirement in an overlapping generations model where private investment in human capital is the engine of endogenous growth. We derive a novel result in the retirement-growth literature by showing that the relationship between the mandatory retirement age and economic growth is inverted U-shaped.

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Year of publication:	2014-05-06
Authors:	Kunze, Lars
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 34.2014, 2, p. 885-891
Publisher:	AccessEcon
Subject:	retirement \| overlapping generations \| human capital \| growth

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Extent:	application/pdf
Type of publication:	Article
Classification:	D9 - Intertemporal Choice and Growth ; J2 - Time Allocation; Work Behavior; Employment Determination and Creation
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010765817