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| Commentary: Retirement and economic recovery | | Author(s) | Ray Barrell, Dawn Holland, Simon Kirby |
| Journal title | National Institute Economic Review, no 213, July 2010 |
| Pages | pp F4-F8 |
| Source | doi:10.1177/0027950110381831 |
| Keywords | Retirement policy ; Retirement age ; Economics. |
| Annotation | The National Institute Economic Review is the quarterly publication of the National Institute of Economic and Social Research (NIESR), one of Britain's oldest independent research organisations. These internationally recognized independent commentaries on the British and World economies and economic forecasts are based on the Institute's econometric model. This Commentary considers retirement policy since the 1980s in the United Kingdom; the stark contrast between early retirement seen then as a "solution" to high unemployment; and now, when later retirement must be encouraged. Such an approach can play a significant role in reducing the fiscal burdens faced by the UK as well as other countries. The implications of later retirement are then discussed, one of the main outcomes being the increased consumption of goods and services by an older workforce, which will help reduce the UK's deficit. (OFFPRINT). (KJ/RH). |
| Accession Number | CPA-100817203 A |
| Classmark | G5: G5A: W * |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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