Question
Decompose the effects of an increase in pension benefits on consumption, retirement years, and years of work into substitution and income effects. Does the substitution
Decompose the effects of an increase in pension benefits on consumption, retirement years, and years of work into substitution and income effects. Does the substitution effect of the increase in pension benefits increase or decrease the age of retirement? Does the income effect increase or decrease the retirement age?
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
0132423502, 978-0132423502
