The demographic transition is a phenomenon affecting many industrialized societies. These economies are experiencing a decline in mortality alongside low fertility rates - a situation that puts social security systems under severe pressure. To implement appropriate reform measures, adequate...

Traditional analyses of retirement decisions focus on the age, from birth, of the individual making choices about how much to work, consume, and save for old age. However, remaining life expectancy is arguably a better way of examining these issues. As mortality rates decline, people at a given...

Traditional analyses of retirement decisions focus on the age, from birth, of the individual making choices about how much to work, consume, and save for old age. However, remaining life expectancy is arguably a better way of examining these issues. As mortality rates decline, people at a given...

Industrialised economies are experiencing a decline in mortality alongside low fertility rates - a situation that puts social security systems under severe pressure. Population ageing is associated not only with longer periods of pension claims but also smaller cohorts eventually entering the...

This study examines whether social security influences the aggregate retirement rate in Canada. The life-cycle model of individual behavior provides the foundation for this study. The model indicates how social security can affect an individual's decision to retire. Further, the model is used to...

This study examines whether social security influences the aggregate retirement rate in Canada. The life-cycle model of individual behavior provides the foundation for this study. The model indicates how social security can affect an individual's decision to retire. Further, the model is used to...