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The retirement incentive effects of Canada's Income Security programs

✍ Scribed by Michael Baker; Jonathan Gruber; Kevin Milligan


Book ID
110691214
Publisher
John Wiley and Sons
Year
2003
Tongue
English
Weight
204 KB
Volume
36
Category
Article
ISSN
0008-4085

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✍ Michael D. Hurd; James P. Smith; Julie M. Zissimopoulos πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 129 KB

## Abstract According to the life‐cycle model, mortality risk will influence both retirement and the desire to annuitize wealth. We estimate the effect of subjective survival probabilities on retirement and on the claiming of Social Security benefits because delayed claiming is equivalent to the pu