Agricultural Decline and the Secular Rise in Male Retirement Rates
AbstractExplanations for the decline in labor force participation rates of older men prior to 1950 have focused on the sectoral shift from agriculture to manufacturing. Labor force participation rates of men living in farm households have been consistently higher than those of men living in non-farm households. The decline in the size of the agricultural sector has coincided with the rise in male retirement rates. Using a new, longitudinal data set I argue that, at the beginning of the twentieth century, men who were farmers were no less likely to retire than men who were not farmers. Past researchers, who examined cross-sectional data, were misled because retired farmers often migrated from their farms. The findings have implications for the secular decline of fertility.
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Bibliographic InfoArticle provided by Elsevier in its journal Explorations in Economic History.
Volume (Year): 32 (1995)
Issue (Month): 4 (October)
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Web page: http://www.elsevier.com/locate/inca/622830
Other versions of this item:
- Dora L. Costa, 1994. "Agricultural Decline and the Secular Rise in Male Retirement Rates," NBER Historical Working Papers 0055, National Bureau of Economic Research, Inc.
- N31 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: Pre-1913
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
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