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The results we present here show that compulsoryretirement rules require more attention from a policy design perspective than previously awarded in the literature.
The results that we present show that compulsoryretirement rules require more attention from a policy design perspective than previously awarded in the literature.
On the whole, the focus-group participants found retirement before 60 years-of-age to be premature, but certainly did not reject the principle of compulsoryretirement.
Under age discrimination legislation compulsoryretirement ages will, after all, be illegal by 2007.
For any given compulsoryretirement rule, the labor supply is endogenously determined by individuals.
This aspect generates a quantitative difference from those analyses that directly abstract from the labor/leisure choice or those that keep the compulsoryretirement rule.
When the system of compulsoryretirement was defended, four arguments came to the fore.
Here, we just showed that a policy eliminating a compulsoryretirement rule as part of the reform does substantially increase the speed of convergence.
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