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Worker characteristics, job characteristics, and opportunities for phased retirement

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  • Hutchens, Robert
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    Abstract

    This paper uses a telephone survey of 950 employers to examine employer-side restrictions on phased retirement. The survey not only collected information on establishment level policies, but it also asked questions about a specific worker's opportunity for phased retirement. The paper uses these data to first establish that employers are selective when offering opportunities for phased retirement. It then examines what worker and job characteristics are particularly important in the selection process.

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    File URL: http://www.sciencedirect.com/science/article/B6VFD-4YC80P5-1/2/7b626a6ed89f02898912fbabf37c4c93
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    Bibliographic Info

    Article provided by Elsevier in its journal Labour Economics.

    Volume (Year): 17 (2010)
    Issue (Month): 6 (December)
    Pages: 1010-1021

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    Handle: RePEc:eee:labeco:v:17:y:2010:i:6:p:1010-1021

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    Web page: http://www.elsevier.com/locate/labeco

    Related research

    Keywords: Employer behavior Retirement Older workers Gradual retirement;

    References

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    1. Deardorff, Alan V & Stafford, Frank P, 1976. "Compensation of Cooperating Factors," Econometrica, Econometric Society, vol. 44(4), pages 671-84, July.
    2. Ruhm, Christopher J, 1990. "Bridge Jobs and Partial Retirement," Journal of Labor Economics, University of Chicago Press, vol. 8(4), pages 482-501, October.
    3. David Brownstone & Robert Valletta, 2001. "The Bootstrap and Multiple Imputations: Harnessing Increased Computing Power for Improved Statistical Tests," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 129-141, Fall.
    4. I. Valsecchi, 1996. "Job Assignment and Promotion," Departmental Working Papers 1996-07, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    5. Joseph F. Quinn & Richard V. Burkhauser & Daniel A. Myers, 1990. "Passing the Torch: The Influence of Economic Incentives on Work and Retirement," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number pt.
    6. Waldman, Michael, 1984. "Worker Allocation, Hierarchies and the Wage Distribution," Review of Economic Studies, Wiley Blackwell, vol. 51(1), pages 95-109, January.
    7. Alan L. Gustman & Thomas L. Steinmeier, 1984. "Partial Retirement and the Analysis of Retirement Behavior," NBER Working Papers 0763, National Bureau of Economic Research, Inc.
    8. Barzel, Yoram, 1973. "The Determination of Daily Hours and Wages," The Quarterly Journal of Economics, MIT Press, vol. 87(2), pages 220-38, May.
    9. Rebick Marcus E., 1995. "Rewards in the Afterlife: Late Career Job Placements as Incentives in the Japanese Firm," Journal of the Japanese and International Economies, Elsevier, vol. 9(1), pages 1-28, March.
    10. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70, pages 9.
    11. Alan L. Gustman & Thomas L. Steinmeier, 1985. "Partial Retirement and Wage Profiles of Older Workers," NBER Working Papers 1000, National Bureau of Economic Research, Inc.
    12. Montgomery, Mark, 1988. "On the Determinants of Employer Demand for Part-Time Workers," The Review of Economics and Statistics, MIT Press, vol. 70(1), pages 112-17, February.
    13. Alan L. Gustman & Thomas L. Steinmeier, 1983. "Minimum Hours Constraints and Retirement Behavior," NBER Working Papers 0940, National Bureau of Economic Research, Inc.
    14. Robert M. Hutchens & Karen Grace-Martin, 2006. "Employer willingness to permit phased retirement: Why are some more willing than others?," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 59(4), pages 525-546, July.
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    Cited by:
    1. Martin Huber & Michael Lechner & Conny Wunsch, 2013. "The Effect of Firms' Partial Retirement Policies on the Labour Market Outcomes of their Employees," CESifo Working Paper Series 4343, CESifo Group Munich.

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