Tag: retirement

grandma mom and daughter sitting on dock

Medal for the Sveriges Riksbank Prize in Economic Sciences. © ® the Nobel Foundation A Los Angeles Times reporter once called up several Nobel laureates in economics to ask how they invest their retirement savings. One of the economists was Daniel Kahneman, a 2002 Nobel Prize winner who would become more famous after writing “Thinking,…

Mature Chinese man using laptop at home

Abstract As the population grows older, an increasing share of the workforce will be past age 60. Older workers have often been considered less productive than younger ones, raising the issue of whether an aging workforce will also be a less productive one. This paper uses evidence from the monthly Current Population Survey files to…