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Chances to be Employed for Employees at Pre-Retirement and Retirement Age
[Оценка Шансов На Занятость Работников Предпенсионного И Пенсионного Возрастов]

Author

Listed:
  • Agranovich, Mark (Агранович, Марк)

    (Russian Presidential Academy of National Economy and Public Administration)

Abstract

The article deals with the labor market status of men and women at pre-retirement and retirement age by educational attainment. Th e analysis is based on a statistic indicator developed by the author estimating the relative chance to be employed for a certain group of workers by educational attainment (CEE), split by age and sex, relative to the chances for employment of the workforce on average. Independence from the current level of unemployment is a distinctive feature of the proposed indicator. This ensures the correctness of its use without additional adjustments in international or cross-regional analysis as well as time series data analysis. The analysis revealed disparities in CEE for men and women of preretirement and retirement ages, women having the better chance to be employed. An analysis of the data by region showed that the variation of CEE for people of pre-retirement and retirement ages is significantly higher than that for people aged 25–64 years. Its conclusion is that CEE for elderly employees correlates with a variety of socio-economic factors, including level of economic activity of the population, level of unemployment, gross regional product per capita, ratio of the average pension to the subsistence minimum, and proportion of the population with tertiary education. The correlation of CEE with the listed factors varies across different groups of employees. The above means that an increase in official age of retirement needs to be accompanied by developing individual policies for each region (or a specific group of regions) and for each group of employees.

Suggested Citation

  • Agranovich, Mark (Агранович, Марк), 2019. "Chances to be Employed for Employees at Pre-Retirement and Retirement Age [Оценка Шансов На Занятость Работников Предпенсионного И Пенсионного Возрастов]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 90-109, April.
    • Handle: RePEc:rnp:ecopol:ep1911
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    References listed on IDEAS

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    1. Nina Vishnevskaya, 2017. "Older Workers in the OECD Labour Market," HSE Economic Journal, National Research University Higher School of Economics, vol. 21(4), pages 680-701.
    2. Stefan Marth, 2015. "How Strong is the Correlation Between Unemployment and Growth Really? The Persistence of Okun's Law and How to Weaken it. WWWforEurope Policy Paper No. 23," WIFO Studies, WIFO, number 58260, February.
    3. Gorlin, Yuriy M. (Горлин, Юрий М.) & Lyashok, Victor Yu. (Ляшок, Виктор Ю.) & Maleva, Tatiana M. (Малева, Татьяна М.), 2018. "Pension Age Increase: Positive Effects and the Possible Risks [Повышение Пенсионного Возраста: Позитивные Эффекты И Вероятные Риски]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 148-179, February.
    4. Angana Banerji & Mr. Sergejs Saksonovs & Ms. Huidan Huidan Lin & Mr. Rodolphe Blavy, 2014. "Youth Unemployment in Advanced Economies in Europe: Searching for Solutions," IMF Staff Discussion Notes 2014/011, International Monetary Fund.
    5. Angana Banerji & Sergejs Saksonovs & Huidan Huidan Lin & Rodolphe Blavy, 2014. "Youth Unemployment in Advanced Economies in Europe; Searching for Solutions," IMF Staff Discussion Notes 14/11, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Гильтман М. А. & Антосик Л. В. & Токарева О. Е. & Обухович Н. В., 2021. "Повышение Пенсионного Возраста В России: Итоги 2019 Г. Пример Тюменской Области," Вопросы государственного и муниципального управления // Public administration issues, НИУ ВШЭ, issue 2, pages 154-182.
    2. Martin Štefko, 2019. "Notice For Redundancy As A Discriminatory Measure On Grounds Of Age," Central European Journal of Labour Law and Personnel Management, Labour Law Association, vol. 2(1).

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    More about this item

    Keywords

    chance to be employed; retirement age; pre-retirement age; interregional differences.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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