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Sanchez-Romero, M. & Fürnkranz-Prskawetz, A. (2019). Optimal time allocation in active retirement. Working Paper 02/2019. TU Wien , Vienna, Austria.
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Official URL: http://www.econ.tuwien.ac.at/wps/econ_wp_2019_02.p...
Abstract
We set up a lifecycle model of a retired scholar who chooses opti-mally the time devoted to different activities including physical activity,continued work and social engagement. While time spent in physicalactivity increases life expectancy, continued scientific publications in-creases the knowledge stock. We show the optimal trade off betweenthese activities in retirement and its sensitivity with respect to alterna-tive settings of the preference parameters.
| Item Type: | Other |
|---|---|
| Uncontrolled Keywords: | Time allocation; Active retirement; Longevity; Scientific production |
| Research Programs: | World Population (POP) |
| Depositing User: | Luke Kirwan |
| Date Deposited: | 08 Apr 2019 08:37 |
| Last Modified: | 27 Aug 2021 17:31 |
| URI: | https://pure.iiasa.ac.at/15837 |
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