Working Hours Flexibility and Older Workers' Labor Supply

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Working Hours Flexibility and Older Workers' Labor Supply

Author Info

Anne C. Gielen () (Tilburg University, CentER, Institute for Labor Studies (OSA) and IZA)

Additional information is available for the following registered author(s):

Anne Christina Gielen

Abstract

This paper studies the presence of hours constraints on the UK labor market and its effect on older workers labor supply, both at the extensive and the intensive margin. Using panel data for the period 1991-2004, the results from a competing risks model show that over-employed male workers can freely reduce working hours with their current employer before retiring completely. However, some over-employed women are observed to leave the labor market early due to hours constraints. Despite the fact that more flexibility in hours may increase labor market participation of older women, this paper presents some explorative results which illustrate that increasing working hours flexibility does not seem to increase older workers total labor supply as has often been suggested.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2946.

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Length: 52 pages
Date of creation: Jul 2007
Date of revision:
Handle: RePEc:iza:izadps:dp2946

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Paper
- Gielen, A. C., 2007. "Working Hours Flexibility and Older Workers' Labor Supply," Discussion Paper 2007-49, Tilburg University, Center for Economic Research. [Downloadable!]

Find related papers by JEL classification:
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
J63 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Turnover; Vacancies; Layoffs

This paper has been announced in the following NEP Reports:

NEP-AGE-2007-08-08 (Economics of Ageing)
NEP-ALL-2007-08-08 (All new papers)
NEP-BEC-2007-08-08 (Business Economics)
NEP-LAB-2007-08-08 (Labour Economics)

References listed on IDEAS
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