The Decision to Retire: Some Microeconomic Hints
Emanuele Canegrati
MPRA Paper from University Library of Munich, Germany
Abstract:
This very brief paper aims to provide some little microeconomic hints in order to explain the early retirement of workers. In particular, the hipothesis of quasi-concavity of the utility function, differences in wage rates and in pension benefits are all factors which may contribute to force a worker to retire before he reached the retirement age.
Keywords: early retirement; microeconomic foundation; pension benefits (search for similar items in EconPapers)
JEL-codes: D11 J22 J26 (search for similar items in EconPapers)
Date: 2007-01
New Economics Papers: this item is included in nep-lab
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:1553
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