Mandatory retirement and economic growth: An inverted U-shaped relationship

Lars Kunze

Economics Bulletin, 2014, vol. 34, issue 2, 885-891

Abstract: The aim of this note is to investigate the relationship between economic growth and mandatory retirement in an overlapping generations model where private investment in human capital is the engine of endogenous growth. We derive a novel result in the retirement-growth literature by showing that the relationship between the mandatory retirement age and economic growth is inverted U-shaped.

Keywords: retirement; overlapping generations; human capital; growth (search for similar items in EconPapers)
JEL-codes: D9 J2 (search for similar items in EconPapers)
Date: 2014-05-06
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Citations: View citations in EconPapers (9)

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