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Author: Nicole Maestas
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
As the population ages in the United States and other countries, encouraging older individuals to work would help counter increasing dependency ratios and improve national economic outcomes. Extending working lives is likely not simply a function of improving monetary incentives. Instead, job characteristics are also potentially important, yet understudied, determinants of whether individuals near retirement remain in the labor force. We use previously-collected data on job characteristics and preferences for job characteristics and work at older ages from the 2015 American Working Conditions Survey. We match the 2015 data with new data on job transitions collected three years after the initial survey. We use the matched data to study the relationship between preferences for job characteristics and actual job transitions. We then estimate heterogeneity in preferences for job characteristics as a function of age and plans for retirement. We test whether preferences differ for older workers ages 50 to 61 with different self-perceived probabilities of working in the future. Finally, we test whether preferences differ for retirement-aged individuals ages 62 and older who are working or not working.
Author: Nicole Maestas
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
As the population ages in the United States and other countries, encouraging older individuals to work would help counter increasing dependency ratios and improve national economic outcomes. Extending working lives is likely not simply a function of improving monetary incentives. Instead, job characteristics are also potentially important, yet understudied, determinants of whether individuals near retirement remain in the labor force. We use previously-collected data on job characteristics and preferences for job characteristics and work at older ages from the 2015 American Working Conditions Survey. We match the 2015 data with new data on job transitions collected three years after the initial survey. We use the matched data to study the relationship between preferences for job characteristics and actual job transitions. We then estimate heterogeneity in preferences for job characteristics as a function of age and plans for retirement. We test whether preferences differ for older workers ages 50 to 61 with different self-perceived probabilities of working in the future. Finally, we test whether preferences differ for retirement-aged individuals ages 62 and older who are working or not working.
Author: Péter Hudomiet
Publisher:
ISBN:
Category : Age and employment
Languages : en
Pages : 64
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Book Description
There is great interest among researchers and policymakers in understanding how economic, social, and other factors affect the retirement age of older workers. This paper presents results based on a recent survey fielded in the RAND American Life Panel that queried older workers about their current, desired, and expected job characteristics, as well as about how certain job characteristics would affect their retirement decisions. Having access to flexible work hours was found to be the most consistent predictor of retirement expectations. For example, we estimated that the fraction of individuals working after age 70 would be 32.2% if all workers had flexible hours, while the fraction working would be 17.2% if none had the option of flexible hours. We further found that job stress, physical and cognitive job demands, the option to telecommute, and commuting times were also strong predictors of retirement expectations. By comparing workers' current job characteristics with those that individuals desire in their jobs, we show that people would like preretirement jobs to be less cognitively and physically demanding and more sociable compared to their current jobs. We also find that most workers worry about their health and the demands of their jobs when they think about their future work trajectory, but relatively few were worried that their employers would retain them. Having access to part-time jobs, and expected longevity were less important predictors of retirement.
Author: Marco Angrisani
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
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Book Description
This paper studies to what extent job characteristics such as physical and cognitive demands, use of technologies, responsibility, difficulty, stress, and social interaction are related to full or partial retirement. We study employment transitions and retirement expectations of older workers by exploiting the wealth of information about individuals over the age of 50 in the Health and Retirement Study (HRS) and characteristics of different occupations provided by the Occupation Information Network (O*NET) database. Controlling for basic demographics, wages, benefits, health, cognitive ability, personality, and other personal characteristics, we find strong and statistically significant relationships between labor force transitions and job characteristics. These relationships are typically more pronounced and more precisely estimated when we use objective job attributes taken from the O*NET than when we use self-reported job characteristics taken from the HRS. Self-reported characteristics are more strongly related to moves from full-time to part-time employment. Similar patterns are observed when we use retirement intentions (distance from planned retirement and subjective probabilities of working full-time at older ages) as dependent variable. Our findings indicate potential factors that may affect predicted retirement patterns and suggest alternative ways to individuals' attachment to the labor force.
Author: Péter Hudomiet
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
This paper presents results based on a survey fielded in the RAND American Life Panel that queried older workers about their current, desired, and expected job characteristics, and about how certain job characteristics would affect their retirement. Having access to flexible work hours was found to be the most consistent predictor of retirement expectations. For example, we estimated that the fraction of individuals working after age 70 would be 32.2% if all workers had flexible hours, while the fraction working would be 17.2% if none had the option of flexible hours. We further found that job stress, physical and cognitive job demands, the option to telecommute, and commuting times were also strong predictors of retirement expectations. By comparing workers' current job characteristics with those that individuals desire, we show that people would like preretirement jobs to be less cognitively and physically demanding and more sociable compared to their current jobs. We also find that most workers worry about their health and the demands of their jobs when they think about their future work trajectory, but relatively few were worried that their employers would retain them. Having access to part-time jobs, and expected longevity were less important predictors of retirement.
Author: Emma Parry
Publisher: Springer
ISBN: 1137467819
Category : Business & Economics
Languages : en
Pages : 769
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Book Description
This Handbook incorporates a variety of disciplines and approaches in order to provide a comprehensive and authoritative examination of the issues that result from increasing age diversity at work. Despite interest in this area exploding over the past few years amongst academics, practitioners and policy makers, the analysis of age diversity has remained primarily within disciplinary ‘silos’ such as Psychology or Sociology with a focus on ageing or generational differences, rather than a combination of approaches to understanding age diversity. Unique in its coverage of multiple perspectives, it considers not only generational and ageing perspectives to age diversity, but also highlights the importance of context in driving both the impact and response to this issue. The Palgrave Handbook of Age Diversity and Work includes contributions from leading scholars in age and generational diversity from across the world, discussing cutting-edge research findings about the nature and impact of age diversity and presenting approaches to managing this phenomenon.
Author: Ruediger Bachmann
Publisher: Elsevier
ISBN: 0128234768
Category : Business & Economics
Languages : en
Pages : 876
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Book Description
Handbook of Economic Expectations discusses the state-of-the-art in the collection, study and use of expectations data in economics, including the modelling of expectations formation and updating, as well as open questions and directions for future research. The book spans a broad range of fields, approaches and applications using data on subjective expectations that allows us to make progress on fundamental questions around the formation and updating of expectations by economic agents and their information sets. The information included will help us study heterogeneity and potential biases in expectations and analyze impacts on behavior and decision-making under uncertainty. Combines information about the creation of economic expectations and their theories, applications and likely futures Provides a comprehensive summary of economics expectations literature Explores empirical and theoretical dimensions of expectations and their relevance to a wide array of subfields in economics
Author: Cort W. Rudolph
Publisher: Frontiers Media SA
ISBN: 2889453936
Category :
Languages : en
Pages : 244
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Book Description
Shifts in the age composition of the workforce coupled with dynamic definitions of retirement represent important issues that influence work processes and, more generally, the experience of working across one’s career. For example, redefinitions of careers and the changing nature of working have contributed to the emergence of distinct forms and patterns of work experiences across the prototypical work lifespan. Likewise, older individuals are increasingly delaying retirement in favor of longer-term labor force participation. The study of age and work, and work and retirement by industrial, work, and organizational (IWO) psychologists and scholars of human resources management and organizational behavior (HR/OB) has recently proliferated in part as a result of such trends, along with the recognition that age-related processes are important indicators of various proximal (e.g., job attitudes, work behaviors, work motives, and wellbeing) and distal outcomes (e.g., sustainable employability, climates for aging, and firm performance) at various levels of abstraction in modern work environments. Recent theoretical advances have suggested that age, along with individual psychological factors and various contextual influences can jointly influence work outcomes that contribute to long-term employment success, including work performance, job attitudes, work orientations, and motivations. Similar theoretical developments concerning retirement have postulated individual and contextual elements that drive success in the transition from career and work roles to non-work and leisure as well as post-retirement bridge employment roles. In this Research Topic, we aim to curate a collection of papers that are representative of current trends and advances in thinking about and investigating the role of age in workplace processes and the changing nature of retirement. Our hope is to showcase various contemporary ideas and rigorous empirical studies as a means to inform broader thinking and to support enhanced theorizing and organizational practice regarding these processes.
Author: Mo Wang
Publisher: Oxford University Press
ISBN: 0199746524
Category : Business & Economics
Languages : en
Pages : 660
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Book Description
This handbook reviews existing theoretical perspectives and research findings on retirement, explores current and future challenges in retirement research and practice, and provides corresponding recommendations and suggestions.
Author: Meni Koslowsky
Publisher: Routledge
ISBN: 113474238X
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
Meni Koslowsky presents here for the first time a way of modelling stress-strain that will enable researchers to both assess examples from the literature and correctly define and use the model in their own investigations. All stages from construction of the model to data analysis are covered, along with possible pitfalls. This book enables investigators to develop and test models for describing stress phenomena in their own settings. It provides an essential research tool for all those who assess stress and strain in their working lives.
Author: Ian Stuart-Hamilton
Publisher: Cambridge University Press
ISBN: 1139500171
Category : Psychology
Languages : en
Pages : 459
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Book Description
With the world's population getting increasingly older, there has never been a more pressing need for the study of old age and ageing. An Introduction to Gerontology provides a wide-ranging introduction to this important topic. By assuming no prior expert knowledge and avoiding jargon, this book will guide students through all the main subjects in gerontology, covering both traditional areas, such as biological and social ageing, and more contemporary areas, such as technology, the arts and sexuality. An Introduction to Gerontology is written by a team of international authors with multidisciplinary backgrounds who draw evidence from a variety of different perspectives and traditions.
