The Pension Inducement to Retire: An Option Value Analysis
Published Date
Copyright 1990
ISBN 0226902978
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Copy CitationJames H. Stock and David A. Wise, Issues in the Economics of Aging (University of Chicago Press, 1990), chap. 7, https://www.nber.org/books-and-chapters/issues-economics-aging/pension-inducement-retire-option-value-analysis.
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Published From Paper
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Working Paper
The option value model developed in an earlier paper is used to simulate the effect on retirement of changes in a firm...