Bauer Ann Barbara

Worsening Workers' Health by Lowering Retirement Age: The Malign Consequences of a Benign Reform Publication Archived

In 2003, the retirement age of Swiss construction workers was loweredfrom 65 to 60. This reform has been intended to improve their health. Our study shows the opposite outcome. The human capital theory suggests that investments in employees...

Endogenous aging: How statutory retirement age drives human and social capital Publication Archived

The return on investments in human and social capital increases in their economic lifetime. Thus, personal, parental, and societal investments in the capacities of individuals take place when these persons are young. Interestingly, the comp...