Labour Market and Retirement Interactions

Labour Market and Retirement Interactions PDF Author: Jean-Olivier Hairault
Publisher: Oxford University Press
ISBN: 0191084743
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
This volumes examines the interaction of labour market conditions and retirement decisions. Based on French and US data, it provides empirical evidence and quantitative analysis of retirement and labor market flows. It studies the horizon effect and uses French individual data and probit models to show that the horizon effect does matter for the probability of being employed before the early retirement age. It analyses the influence of the retirement age on labour-market equilibrium, as well as the impact of labour market conditions, especially the importance of unemployment risk, on retirement decisions.

Labour Market and Retirement Interactions

Labour Market and Retirement Interactions PDF Author: Jean-Olivier Hairault
Publisher: Oxford University Press
ISBN: 0191084743
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
This volumes examines the interaction of labour market conditions and retirement decisions. Based on French and US data, it provides empirical evidence and quantitative analysis of retirement and labor market flows. It studies the horizon effect and uses French individual data and probit models to show that the horizon effect does matter for the probability of being employed before the early retirement age. It analyses the influence of the retirement age on labour-market equilibrium, as well as the impact of labour market conditions, especially the importance of unemployment risk, on retirement decisions.

Time for Retirement

Time for Retirement PDF Author: Martin Kohli
Publisher: Cambridge University Press
ISBN: 9780521423649
Category : Business & Economics
Languages : en
Pages : 420

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Book Description
In all Western countries, people are leaving work earlier than ever before - at a time when their life expectancy keeps increasing. How has this paradoxical process been brought about? What is the impact of labour markets and social policy? And what will be the effect of this massive lengthening of retirement? Time for Retirement addresses the 'aging of society' and the restructuring of the life course in terms of the changing relationship between work and reitrement. Detailed information based on the retirement policies of seven countries provides the basis for a comparative analysis aimed at assessing the range of possible political responses to these changes. The editors and contributors are among the leading social scientists in the field of life-course studies, aging, and social policy.

Transitions through the Labor Market

Transitions through the Labor Market PDF Author: Solomon W. Polachek
Publisher: Emerald Group Publishing
ISBN: 1787564630
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
This volume contains seven original and innovative articles which analyze labor market transitions, how individuals progress from school to work, choose a particular occupation, move up the job ladder, and finally withdraw from the workforce to retirement. Investigations are done by race and gender; and social implications are examined.

Assessing Knowledge of Retirement Behavior

Assessing Knowledge of Retirement Behavior PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309175259
Category : Social Science
Languages : en
Pages : 287

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Book Description
This book brings together in one volume what researchers have learned about workers, employers, and retirees that is important for formulating retirement income policies. As the U.S. population ages, there is increasing uncertainty about the solvency of the Social Security and Medicare systems and the adequacy of private pensions to provide for people's retirement needs. The volume covers such critical behaviors as workers' decisions to retire, people's choices of saving over consumption, and employers' decisions about hiring older workers and providing pension and health care benefits. Also covered are trends in mortality, health status, and health care costs that are key to projecting the likely costs and effects of alternative retirement income security policies and a strategy for combining data and research knowledge into a policy modeling framework.

Aging Populations, Globalization and the Labor Market

Aging Populations, Globalization and the Labor Market PDF Author: Hans-Peter Blossfeld
Publisher: Edward Elgar Publishing
ISBN: 9781849803724
Category : Globalization
Languages : en
Pages : 0

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Book Description
This topical and timely analysis of late career and retirement within nine European societies and the USA examines how social inequality structures have developed in an era of globalization and aging populations. For several decades, many European societies relied on pushing and luring older workers out of employment by using generous early retirement programs in order to relieve national labor markets in times of globalization. However, as this book argues, one of the major challenges facing European and Northern American societies today is their severe demographic aging, which in turn places pension systems under substantial pressure due to the rising imbalance between those claiming pensions and those contributing to the pension system. Indeed, it is observed herein that in the recent past, governments have tried to increase the labor market attachment of older employees by retrenching early retirement benefits. This study investigates how these developments have impacted on the situation of older workers and retirees in nine European societies and the USA. In particular, the book looks at how social inequalities in later life have developed in the light of recent pension reforms. This informative book will appeal to sociologists, demographers, political scientists and economists interested in many different aspects of research including: international comparative research, globalization, labor market, welfare state, social inequality and research on aging. Researchers in the field of retirement and globalization studies will also find this book helpful, as will academics in labor market research and comparative political studies.

The Effects of Early Retirement on Youth Unemployment

The Effects of Early Retirement on Youth Unemployment PDF Author:
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 40

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Book Description
In this paper, we describe the changes of (early) retirement programs over time and study the link between trends in elderly labor force participation and youth unemployment. From a theoretical point of view, there is no convincing argument that the idea of a lump-of-labor should hold. Our empirical results comfort this finding, and indicate a very weak link, if any, between elderly retirement and activity among the young and the prime-age populations.

Retirement Decisions

Retirement Decisions PDF Author: United States. Government Accountability Office
Publisher: Nova Science Pub Incorporated
ISBN: 9781604568127
Category : Business & Economics
Languages : en
Pages : 87

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Book Description
The first wave of the 78 million member baby boom generation is now reaching retirement age. The number of people age 62, the earliest age of eligibility for Social Security retired worker benefits, is expected to be 21 percent higher in 2009 than in 2008. In addition, by 2030, the number of workers supporting each retiree is projected to be 2.2, down from 3.3 in 2006. This demographic shift poses challenges to the economy, federal tax revenues, the nation's old-age programs, and individuals' financial security in retirement. For those who are able to work longer, later retirement can strengthen the economy and also retiree incomes by postponing the time at which people will start drawing retirement benefits rather than working. A wide range of factors including the features of employers' benefit plans, personal finances, social norms, health, and individual attitudes influence workers' decisions about when to retire. Federal policies may also play a role: these include Social Security, Medicare, and tax policies related to certain private retiree health and defined benefit (DB) and defined contribution (DC) pension plans.1 Identifying both the incentives posed by these policies and the extent to which workers respond to them can help to inform policy makers as they consider ways to address the demographic challenges facing the nation. To determine the extent to which federal policiesdirectly and indirectly-pose incentives and are influencing individuals decisions about the age at which they retire, the authors have pursued the following questions: (1) What incentives do federal policies provide about when to retire? (2) What are the recent retirement patterns, and is there evidence that recent changes in Social Security requirements have resulted in later retirements? (3) Is there evidence that tax-favored private retiree health insurance and pension benefits have influenced when people retire? This is a revised and excerpted version.

Health and Safety Needs of Older Workers

Health and Safety Needs of Older Workers PDF Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 0309166624
Category : Social Science
Languages : en
Pages : 318

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Book Description
Mirroring a worldwide phenomenon in industrialized nations, the U.S. is experiencing a change in its demographic structure known as population aging. Concern about the aging population tends to focus on the adequacy of Medicare and Social Security, retirement of older Americans, and the need to identify policies, programs, and strategies that address the health and safety needs of older workers. Older workers differ from their younger counterparts in a variety of physical, psychological, and social factors. Evaluating the extent, causes, and effects of these factors and improving the research and data systems necessary to address the health and safety needs of older workers may significantly impact both their ability to remain in the workforce and their well being in retirement. Health and Safety Needs of Older Workers provides an image of what is currently known about the health and safety needs of older workers and the research needed to encourage social polices that guarantee older workers a meaningful share of the nation's work opportunities.

Ending a Career in the Auto Industry

Ending a Career in the Auto Industry PDF Author: Melissa A. Hardy
Publisher: Springer Science & Business Media
ISBN: 0306453363
Category : Business & Economics
Languages : en
Pages : 282

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Book Description
During the 1980s the news media were filled with reports of soaring unemployment as 'downsizing' and `restructuring' became the new buzzwords. Firms managed their workforce reduction by increasing the attractiveness of their pension plans-especially their early-retirement plans. In this volume, the authors examine the U.S. auto industry and present a full-scale analysis of the work and retirement decisions of its workers. They address organizational context and the logic of financial incentives in employer-provided early retirement plans. The impact of pension provisions, layoffs, plant closures, attitudes about `generational equity', and other factors influencing the workers' evaluation of the optimum time to end their careers in the auto industry are explored.

Ageism at Work

Ageism at Work PDF Author: Ellie D. Berger
Publisher:
ISBN: 9781442667358
Category : SOCIAL SCIENCE
Languages : en
Pages : 187

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Book Description
"The Canadian population is aging, bringing with it an increasing number of social and economic challenges. With the aging of the workforce, the reconceptualization of older workers and retirement, the increasing share of women in the labour force, the elimination of mandatory retirement, the fluctuating economy, and the changes to the pension system, barriers to employment for older workers, such as ageism, need to be of central concern. Ageism at Work examines the subjective experiences of older workers in Canada and explores how they negotiate ageism and manage their interactions in the employment setting. Further, this book looks at the intersection between age and gender and the pervasiveness of gendered ageism in the labour market. Finally, this book examines employers' attitudes toward older workers quantitatively, while also exploring their firsthand accounts about them through qualitative inquiry. Understanding how ageism plays out in the labour market, how it intersects with sexism, and its consequences on a personal level are critical to moving the discussion on discrimination and human rights forward in Canada."--