An Analysis of Retirement Expectations: Evidence from the US Health and Retirement Survey

Year of Publication
1999
Author
Institution
Bank of Italy, Public Finance Division Research Department
Abstract

Are people rational in making their retirement plans? Do they follow the prescriptions of life cycle theory in their decision of when to retire? This paper tackle these questions using data on expected and actual retirement age drawn from the 1992 and 1994 waves of the Health and Retirement Study.

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