@misc{10481/31477,
year = {2005},
url = {http://hdl.handle.net/10481/31477},
abstract = {This paper analyzes the effects of population aging on the preferred
legal retirement age. What is revealed is the crucial role that the indirect ’macro’ effects resulting from a change in the legal retirement age play in the optimal decision. Two Social Security systems are studied. Under a defined contribution scheme aging lowers the preferred legal retirement age. However, under a defined pension scheme the
retirement age is delayed. This result shows the relevance of correctly choosing the parameter affected by the dependency ratio in the design of the Social Security programme.},
publisher = {Universidad de Granada. Departamento de Teoría e Historia Económica},
keywords = {Social security},
keywords = {Aging},
keywords = {Legal retirement age},
title = {Population aging and legal retirement age},
author = {Lacomba Arias, Juan Antonio and Lagos García, Francisco Miguel},
}