Paid Work after Retirement: Recent Trends in Denmark
AbstractThe labor market in Denmark seems to follow the trend in a number of other countries of increasing labor force participation in the 60+ group. We analyze trends for the early retirement age interval 60-64 and for the age group 65-74 where people are eligible to a national social security program from age 65. Until now, the increase in labor force participation has been most pronounced among 60-64-year-olds and among women. We find significant impact on work after retirement from education, gender, home ownership, aggregate unemployment at the time of retirement, age and education. Being married has a positive impact for men and a negative impact for women. We relate labor force participation after retirement to the cyclical situation and to the several policy reforms introduced since 1980.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6537.
Length: 31 pages
Date of creation: May 2012
Date of revision:
Publication status: published as 'To work, to retire – or both? Labor market activity after 60' in: IZA Journal of European Studies, 2013, 2:21
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Find related papers by JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
This paper has been announced in the following NEP Reports:
- NEP-AGE-2012-05-22 (Economics of Ageing)
- NEP-ALL-2012-05-22 (All new papers)
- NEP-DEM-2012-05-22 (Demographic Economics)
- NEP-EUR-2012-05-22 (Microeconomic European Issues)
- NEP-LAB-2012-05-22 (Labour Economics)
- NEP-LMA-2012-05-22 (Labor Markets - Supply, Demand, & Wages)
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