Arbeitspapier

Optimal time allocation in active retirement

We set up a lifecycle model of a retired scholar who chooses optimally the time devoted to different activities including physical activity, continued work and social engagement. While time spent in physical activity increases life expectancy, continued scientific publications increases the knowledge stock. We show the optimal trade off between these activities in retirement and its sensitivity with respect to alternative settings of the preference parameters.

Sprache
Englisch

Erschienen in
Series: ECON WPS ; No. 02/2019

Klassifikation
Wirtschaft
Mathematical Methods; Programming Models; Mathematical and Simulation Modeling: General
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Time Allocation and Labor Supply
Retirement; Retirement Policies
Health Behavior
Thema
Time allocation
Active retirement
Longevity
Scientific production

Ereignis
Geistige Schöpfung
(wer)
Sanchez-Romero, Miguel
Fürnkranz-Prskawetz, Alexia
Ereignis
Veröffentlichung
(wer)
Vienna University of Technology, Institute of Statistics and Mathematical Methods in Economics, Research Group Economics
(wo)
Vienna
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Sanchez-Romero, Miguel
  • Fürnkranz-Prskawetz, Alexia
  • Vienna University of Technology, Institute of Statistics and Mathematical Methods in Economics, Research Group Economics

Entstanden

  • 2019

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