Construct · 1 fields · 1 citations

option value of work: a standalone construct

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Labor economics

the value of continuing to work because retiring later keeps open the choice of a better retirement date.

In labor economics, option value of work refers to the value of continuing to work because retiring later keeps open the choice of a better retirement date. This meaning comes from Stock (1990) in Econometrica.[1]

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Nearby constructs

labor4 fields · 4 citationsjingle · one word, four constructs option value1 fields · 1 citationsanchor · a standalone construct option4 fields · 9 citationsjingle · one word, four constructs

References

Stock, J. H., & Wise, D. A. (1990). Pensions, the Option Value of Work, and Retirement. Econometrica, 58(5), 1151. https://doi.org/10.2307/2938304

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