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Understanding the Aggregate Retirement Behavior during the 20th Century

Author

Listed:
  • Yongseok Shin

    (Washington University in St. Louis)

  • Ananth Seshadri

    (University of Wisconsin-Madison)

  • Rody Manuelli

    (Washington University in St. Louis)

Abstract

We build a model of retirement and assess what are the main forces that drove the macroeconomic pattern in retirement in the US economy during the 20th century. We in particular consider the role of technological progress, demographic change and the Social Security system.

Suggested Citation

  • Yongseok Shin & Ananth Seshadri & Rody Manuelli, 2009. "Understanding the Aggregate Retirement Behavior during the 20th Century," 2009 Meeting Papers 1023, Society for Economic Dynamics.
    • Handle: RePEc:red:sed009:1023
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