Arbeitspapier
Human Capital and Retirement
This paper investigates the relation between human capital andretirement when the age of retirement is endogenous. This relation isexamined in a life-cycle earnings model. An employee works full timeuntil retirement. The worker accumulates human capital by training-on-the-job and by learning-by-doing. The human capital of an employeeis subject to depreciation when knowledge of technologies becomesobsolete. After a shock in technology, the worker depreciates on hishuman capital. The lower human capital results in a lower life-timeincome, but also in a lower price of an earlier retirement.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 99-056/3
- Klassifikation
-
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Retirement; Retirement Policies
Technological Change: Choices and Consequences; Diffusion Processes
- Thema
-
endogenous retirement
human capital
life-cycle models
Humankapital
Altersgrenze
Lebenszyklus
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Alders, Peter
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
1999
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Alders, Peter
- Tinbergen Institute
Entstanden
- 1999
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