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Table 2 The impact of technological change on the main macroeconomic variables

From: Retirement intentions in the presence of technological change: theory and evidence from France

 

Retirement age complex

Retirement age simple

τ

a

Benchmark

62.62

55.00

0.2680

0.66

Δb=0.2

67.88

56.20

0.1834

0.60

Δb=0.2τ=0.2680

63.74

55.00

0.2680

0.60

Δb=0.2 and Δρ=0.02

65.24

55.00

0.2217

0.60

Δb=0.2 and Δρ=−0.02

69.87

59.73

0.1475

0.60

Δb=0.2 and Δϕ=0.03

67.80

56.06

0.1855

0.66

Δb=0.2 and Δϕ=−0.03

67.95

56.32

0.1817

0.55