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The Employment and Earnings of Britains Senior Citizens

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  • D Leslie
  • D Blackaby
  • P Murphy
  • N OLeary
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    Abstract

    Britain's senior citizens, in common with the rest of Europe, are the fastest growing age group among the population and the numbers working have grown substantially. In 2007 the numbers working at or beyond the state pension age (65 and over for men, 60 and over for women) was 1.26 million, a number that has doubled over the past decade. In Europe generally these numbers will rise substantially. Using (mainly) a pooled dataset from the Labour Force Survey, the paper explores the determinants of the decision to work by household type (those with a partner and those without) as well as earnings, which are generally low. Female disadvantage appears to be a feature, just as with the working age population. Some comments about data discrimination against senior citizens are also made.

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    Bibliographic Info

    Article provided by Economic Issues in its journal Economic Issues.

    Volume (Year): 14 (2009)
    Issue (Month): 2 (September)
    Pages: 1-26

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    Handle: RePEc:eis:articl:209leslie

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    1. Nigel Campbell, 1999. "The Decline of Employment Among Older People in Britain," CASE Papers 019, Centre for Analysis of Social Exclusion, LSE.
    2. Stephen Nickell, 1979. "A Picture of Male Unemployment in Britain," Working Papers 503, Princeton University, Department of Economics, Industrial Relations Section..
    3. repec:ese:iserwp:2006-22 is not listed on IDEAS
    4. Catrin Ormerod & Felix Ritchie, 2007. "Issues in the measurement of low pay," Economic and Labour Market Review, Palgrave Macmillan, vol. 1(6), pages 37-45, June.
    5. Lazear, Edward P, 1979. "Why Is There Mandatory Retirement?," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1261-84, December.
    6. T. Schirle, 2007. "Why Have the Labour Force Participation Rates of Older Men Increased Since the Mid 1990s," Working Papers eg0045, Wilfrid Laurier University, Department of Economics, revised 2007.
    7. Oaxaca, Ronald L. & Ransom, Michael R., 1994. "On discrimination and the decomposition of wage differentials," Journal of Econometrics, Elsevier, vol. 61(1), pages 5-21, March.
    8. Greenhalgh, Christine A, 1980. "Male-Female Wage Differentials in Great Britain: Is Marriage an Equal Opportunity?," Economic Journal, Royal Economic Society, vol. 90(363), pages 751-75, December.
    9. Nigel Campbell, 1999. "The decline of employment among older people in Britain," LSE Research Online Documents on Economics 51401, London School of Economics and Political Science, LSE Library.
    10. F. L. Jones, 1983. "On Decomposing the Wage Gap: A Critical Comment on Blinder's Method," Journal of Human Resources, University of Wisconsin Press, vol. 18(1), pages 126-130.
    11. Nigel Campbell, 1999. "The decline of employment among older people in Britain," LSE Research Online Documents on Economics 6501, London School of Economics and Political Science, LSE Library.
    12. Richard Blundell & Costas Meghir & Sarah Smith, 2002. "Pension Incentives and the Pattern of Early Retirement," Economic Journal, Royal Economic Society, vol. 112(478), pages C153-C170, March.
    13. Lazear, Edward P, 1981. "Agency, Earnings Profiles, Productivity, and Hours Restrictions," American Economic Review, American Economic Association, vol. 71(4), pages 606-20, September.
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