Retirement Choice in a Frictionless Labor Market

ABSTRACT: This paper investigates optimal consumption and retirement choices in an environment without labor market frictions but in which agents face liquidity constraints. To this end, we characterize the optimal savings strategy and the threshold level of assets associated with the decision to re...

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Autores:
Flórez, Luz Adriana
Granda Carvajal, Catalina
Tipo de recurso:
Article of investigation
Fecha de publicación:
2019
Institución:
Universidad de Antioquia
Repositorio:
Repositorio UdeA
Idioma:
eng
OAI Identifier:
oai:bibliotecadigital.udea.edu.co:10495/14446
Acceso en línea:
http://hdl.handle.net/10495/14446
Palabra clave:
Consumo (Economía)
Consumption (Economics)
Ahorro
Savings
Jubilación
Retirement
Rights
openAccess
License
https://creativecommons.org/licenses/by-nc/4.0/