Optimum Retirement Age

Larsen (Nielson), Norma; Ralston, August

Optimum Retirement Age

dc.contributor.author	Larsen (Nielson), Norma	eng
dc.contributor.author	Ralston, August	eng
dc.date.accessioned	2010-11-26T18:08:28Z
dc.date.available	2010-11-26T18:08:28Z
dc.date.issued	1982
dc.description	“This is a post-peer-review, pre-copy-edit version of an article published in "Geneva Papers on Risk and Insurance Theory". The definitive publisher-authenticated version Larsen, N. L. and A. Ralston. "Optimum Retirement Age," The Geneva Papers on Risk and Insurance, 7 (No. 24, July 1982), pp. 191-206. is available online at: http://www.palgrave-journals.com/grir/index.html. Article deposited according to publisher policy posted on SHERPA/ROMEO, 11/26/2010	eng
dc.description.abstract	This paper models optimum retirement age by considering both the demand for a human resource (expressed here as the demand for a particular employee A) and the supply of that human resource. Optimal retirement age is obviously a combination of the employer’s offer to employ A and A’s willingness to be employed. These demand and supply sides of the retirement age question will be considered in this paper. However, the emphasis will be on the demand side. The supply side has previously received more attention by researchers [1,6]. The paper uses a classical economic marginal analysis of the retirement age question and begins by assuming a competitive labor market. This assumption is soon relaxed to allow consideration of more realistic possibilities, including imperfect infor¬mation, which may result in exploitation of employees, implicit labor contracts, and the like. Special attention is given to the impact of pension plans on the optimum retirement age.	eng
dc.description.refereed	Yes	eng
dc.identifier.citation	Larsen (Nielson), N. L. and A. Ralston. "Optimum Retirement Age," The Geneva Papers on Risk and Insurance, 7 (No. 24, July 1982), pp. 191-206.	eng
dc.identifier.doi	http://dx.doi.org/10.11575/PRISM/34009
dc.identifier.issn	0926-4957
dc.identifier.uri	http://hdl.handle.net/1880/48283
dc.language.iso	eng	eng
dc.publisher	Palgrave Macmillian	eng
dc.publisher.corporate	University of Calgary	eng
dc.publisher.faculty	Haskayne School of Business	eng
dc.publisher.hasversion	Post-print
dc.publisher.url	http://www.palgrave-journals.com/grir/index.html	eng
dc.title	Optimum Retirement Age	eng
dc.type	journal article	eng
thesis.degree.discipline	Risk Management & Insurance	eng