A new look at technical progress and early retirement
نویسندگان
چکیده
منابع مشابه
Technical Progress and Early Retirement
This paper claims that technical progress induces early retirement of older workers. It presents a model where human capital is technology specific, so that technical progress erodes some existing human capital. This affects mostly older workers, who have a smaller incentive to learn the new technology, since their career horizon is shorter. Hence, their labor supply declines. We find strong su...
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ژورنال
عنوان ژورنال: IZA Journal of Labor Policy
سال: 2016
ISSN: 2193-9004
DOI: 10.1186/s40173-016-0058-9