Goraus, Karolina; Makarski, Krzysztof; Tyrowicz, Joanna - Wydział Nauk Ekonomicznych, Uniwersytet Warszawski - 2014
The objective of this paper is to analyze the welfare effects of raising the retirement age. With aging populations, in … many countries de iure retirement age has been raised. With a standard assumption that individuals prefer leisure to work … number of working years, which undermines the need to change de iure retirement age. In this paper we construct an OLG model …