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Retirement, Re-entry, and Part-time Work

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Author Info
Marjorie Honig
Cordelia Reimers
Abstract

This paper treats retirement as a dynamic process that may include partial retirement as well as market reentry, where partial retirement is defined as an earnings rate substantially be low one's lifetime peak. Transitions among the discrete states of full retirement, partial retirement, and nonretirement are examined and related to factors such as age, health, pension eligibility, occupation, industry, and past earnings. Among other findings, self-reported measures of retirement are poorly correlated with earnings status. Gradual retirement, moreover, is less likely to entail a transition to part-time employment than to a lower-wage full-time job.

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File URL: http://college.holycross.edu/eej/Volume13/V13N4P361_371.pdf
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Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 13 (1987)
Issue (Month): 4 (Oct-Dec)
Pages: 361-371
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Handle: RePEc:eej:eeconj:v:13:y:1987:i:4:p:361-371

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Moffitt, Robert, 1984. "The Estimation of a Joint Wage-Hours Labor Supply Model," Journal of Labor Economics, University of Chicago Press, vol. 2(4), pages 550-66, October. [Downloadable!] (restricted)
  2. James J. Heckman & Christopher J. Flinn, 1982. "New Methods for Analyzing Structural Models of Labor Force Dynamics," NBER Working Papers 0856, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Gordon, Roger H. & Blinder, Alan S., 1980. "Market wages, reservation wages, and retirement decisions," Journal of Public Economics, Elsevier, vol. 14(2), pages 277-308, October. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Randall K. Filer & Marjorie Honig, 2005. "Endogenous Pensions and Retirement Behavior," Hunter College Department of Economics Working Papers 410, Hunter College: Department of Economics. [Downloadable!]
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  2. John Bound & Todd Stinebrickner & Timothy Waidmann, 2007. "Health, Economic Resources and the Work Decisions of Older Men," NBER Working Papers 13657, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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