Who wants (them) to work longer?
研究不同年龄群体对法定退休年龄的个人偏好，发现退休者比在职者更支持提高退休年龄，因为退休者能享受更高养老金而无需延长工作年限，这对老龄化社会的政策制定有参考价值。
This paper examines age-specific individual preferences for the legal retirement age. Within a theoretical model, we develop the hypothesis that retirees prefer a higher legal retirement age than workers, and that newly retired individuals prefer the highest retirement age. Retirees benefit from a positive fiscal externality. A higher legal retirement age leads to higher pension benefits, without retirees having to bear the costs in the form of a longer working life. We corroborate the hypothesis empirically with a fuzzy regression discontinuity design and show that newly retired individuals are indeed most in favor of an increasing retirement age. We conclude that in aging societies the political feasibility of raising the legal retirement age increases.