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The effect of late-life debt use on retirement decisions

✍ Scribed by Allison Mann


Book ID
113917812
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
400 KB
Volume
40
Category
Article
ISSN
0049-089X

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## Abstract In this paper we explore the effects of the minimum pension program on welfare and retirement in Spain. This is done with a stylized life cycle model which provides a convenient analytical characterization of optimal behavior. We use data from the Spanish Social Security to estimate the