Shin, Inyong - In: Cogent Economics & Finance 6 (2018) 1, pp. 1-26
This paper analyzes the effect of public pension system on lifespan and happiness level using optimal longevity model …. This paper found the following. Public pension system can make life expectancy longer, however, the extension of lifespan …, the public pension system cannot make the happiness level higher comparing to private savings. This paper concludes that …