Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/195068
Authors: 
Sanchez-Romero, Miguel
Fürnkranz-Prskawetz, Alexia
Year of Publication: 
2019
Series/Report no.: 
ECON WPS No. 02/2019
Abstract: 
We set up a lifecycle model of a retired scholar who chooses optimally the time devoted to different activities including physical activity, continued work and social engagement. While time spent in physical activity increases life expectancy, continued scientific publications increases the knowledge stock. We show the optimal trade off between these activities in retirement and its sensitivity with respect to alternative settings of the preference parameters.
Subjects: 
Time allocation
Active retirement
Longevity
Scientific production
JEL: 
C60
D91
J22
J26
I12
Document Type: 
Working Paper

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