Time inconsistency and retirement choice

DOI10.1016/J.ECONLET.2015.01.027zbMath1321.91067OpenAlexW3121786990MaRDI QIDQ500476

T. Scott Findley, Frank N. Caliendo

Publication date: 5 October 2015

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://www.cesifo.org/DocDL/cesifo1_wp5208.pdf

zbMATH Keywords

time inconsistencyhyperbolic discountinglife-cycle consumption and savingnaivetéretirement choice

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Related Items (5)

Time-inconsistent life-cycle consumption and retirement choice with mortality risk ⋮ Revisiting the effect of a technology shock on hours ⋮ Time-inconsistent preferences, retirement, and increasing life expectancy ⋮ Non-stationary additive utility and time consistency ⋮ Why mandate young borrowers to contribute to their retirement accounts?

Cites Work

• Lifetime consumption and investment: retirement and constrained borrowing
• Human capital formation and macroeconomic performance in an ageing small open economy
• Discount functions and self-control problems
• Choice and Procrastination

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