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Understanding the Aggregate Retirement Behavior during the 20th Century

Yongseok Shin, Ananth Seshadri () and Rodolfo Manuelli

No 1023, 2009 Meeting Papers from Society for Economic Dynamics

Abstract: We build a model of retirement and assess what are the main forces that drove the macroeconomic pattern in retirement in the US economy during the 20th century. We in particular consider the role of technological progress, demographic change and the Social Security system.

Date: 2009
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More papers in 2009 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
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