egalitarian grounds --although the conclusion is reversed when mortality strikes only after retirement. … the retirement decision in an economy with risky lifetime, and compare the laissez-faire with egalitarian social optima … retirement age, unlike the ex ante egalitarian optimum. This result is robust to the introduction of unequal life expectancies …

annuity market with actuarially fair return, imposing the optimum fertility rate and the optimum survival rate leads the … adults work some fraction of the old-age, whatever the retirement age is fixed or chosen by the agents. …

annuity market with actuarially fair return, imposing the optimum fertility rate and the optimum survival rate leads the … adults work some fraction of the old-age, whatever the retirement age is fixed or chosen by the agents. …

In most stochastic mortality models, either one stochastic intensity process (for example a jump-diffusion process) or … based on the study of the multivariate time series of the differences of logits of yearly mortality rates. These …

for a job. This is because of the short time-horizon of workers close to retirement. We propose to introduce a pension tax … pension tax allows those workers near retirement who still do not exercise job search to smooth their consumption during their …