Published Review of Economic Dynamics Published Jan 2026Time Averaging Meets Heckman, Lochner, and Taber and Ben-PorathSebastian Graves · Victoria Gregory · Lars Ljungqvist · Thomas J. SargentHow does endogenizing retirement (career-length) choice change the labor-supply and human-capital implications of the canonical Heckman, Lochner, and Taber (1998a, HLT) life-cycle general-equilibrium …