Technical Change

Technical Change and Early Retirement in US – Once a certain degree has been reached, the probability to retire early decreases again

In a new research paper published in the IZA Journal of Labor Policy, Lorenzo Burlon (Bank of Italy and IZA) and Montserrat Vilalta-Bufí (University of Barcelona) reexamine the effect of technical progress on early retirement in the US. They find that technical progress affects early retirement in two opposing ways. On the one hand, it … Continue reading →