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Please use this identifier to cite or link to this item: http://hdl.handle.net/10481/31471

Title: Political election on legal retirement age
Authors: Lacomba, Juan Antonio
Lagos, Francisco Miguel
Issue Date: 2005
Abstract: We use a lifecycle model in which individuals differ by age and by wage in order to analyze a pairwise majority voting process on the legal retirement age. We consider two different retirement regimes. In the first one the retirees do not return to the labor market, regardless the new retirement age. In the second one, they have to return if thisage is higher than her own age. We show that the final outcome of the voting process will crucially depend on the retirement regime as well as on the parameters of the Social Security, that is, the redistributive character of the system and the present legal retirement age.
Publisher: Universidad de Granada. Departamento de Teoría e Historia Económica
Series/Report no.: The Papers;05/10
Keywords: Model
Retirement ages
Workers
Pension system
URI: http://hdl.handle.net/10481/31471
Rights : Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License
Citation: Lacomba, J.A.; Lagos, F.M. Political election on legal retirement age. Universidad de Granada. Departamento de Teoría e Historia Económica (2005). (The Papers; 05/10). [http://hdl.handle.net/10481/31471]
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