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Do State Economics or Individual Characteristics Determine Whether Older Men Work?

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Author Info
Alicia H. Munnell
Mauricio Soto
Robert K. Triest
Natalia A. Zhivan
Abstract

The difference in labor force participation rates of men aged 55-64 across the United States is astounding. For example, West Virginia has a participation rate below 60 percent, while South Dakota has a participation rate approaching 90 percent (see Figure 1). This fact in itself has significant implications for the pressures that states will face as the baby boom starts to retire in the face of a contracting retirement income system, declining housing prices, and a lackluster stock market...

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Paper provided by Center for Retirement Research in its series Issues in Brief with number ib2008-8-13.

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Length: 14 pages
Date of creation: Sep 2008
Date of revision: Sep 2008
Handle: RePEc:crr:issbrf:ib2008-8-13

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  1. Dan A. Black & Xiaoli Liang, 2005. "Local Labor Market Conditions and Retirement Behavior," Working Papers, Center for Retirement Research at Boston College 2005-08, Center for Retirement Research. [Downloadable!]
  2. Kelly D. Edmiston, 2006. "Workers' Compensation and State Employment Growth," Journal of Regional Science, Blackwell Publishing, vol. 46(1), pages 121-145. [Downloadable!] (restricted)
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This page was last updated on 2009-11-14.

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