The Decision to Retire: Some Microeconomic Hints

Canegrati, Emanuele (2007): The Decision to Retire: Some Microeconomic Hints. Unpublished.

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.

• Item Type: MPRA Paper
• Additional Information: preliminary version - Please do not quote
• Language: English
• Keywords: early retirement; microeconomic foundation; pension benefits
• Subjects: J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J22 - Time Allocation and Labor Supply; D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: Theory; J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J26 - Retirement; Retirement Policies