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| Lars Kunze |
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| ''Mandatory retirement and economic growth: An inverted U-shaped relationship'' |
| ( 2014, Vol. 34 No.2 ) |
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| The aim of this note is to investigate the relationship between
economic growth and mandatory retirement in an overlapping generations model where private investment in human capital is the engine of endogenous growth. We derive a novel result in the retirement-growth literature by showing that the relationship between the mandatory retirement age and economic growth is inverted U-shaped. |
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| Keywords: retirement, overlapping generations, human capital, growth |
JEL: D9 - Intertemporal Choice and Growth: General
J2 - Demand and Supply of Labor: General |
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| Manuscript Received : Mar 17 2014 | | Manuscript Accepted : May 06 2014 |
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