Retirement around the World offers comparative analysis from twelve countries and examines the issue of age in the labor force. A …

countries. France, Germany, and Italy have large pay-as-you-go pension systems and vulnerable labor markets. At the same time …

. This paper takes the perspective of the three demographically oldest European nations - France, Germany and Italy - to …, endogenous human capital formation and increasing the retirement age. Our quantitative finding is that endogenous human capital … formation in combination with an increase in the retirement age has strong implications for economic aggregates and welfare, in …