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Paid Work after Retirement: Recent Trends in Denmark

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Author Info

  • Larsen, Mona

    ()
    (SFI - Danish National Centre for Social Research)

  • Pedersen, Peder J.

    ()
    (Aarhus University)

Abstract

The 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 Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6537.

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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
Handle: RePEc:iza:izadps:dp6537

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Keywords: retirement; labor force participation;

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  1. Nicole Maestas & Julie Zissimopoulos, 2009. "How Longer Work Lives Ease the Crunch of Population Aging," Working Papers 728, RAND Corporation Publications Department.
  2. Steven Haider & David Loughran, 2001. "Elderly Labor Supply: Work or Play?," Working Papers 01-09, RAND Corporation Publications Department.
  3. Hendrik P. Van Dalen & Kène Henkens & Joop Schippers, 2010. "How do employers cope with an ageing workforce?," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 22(32), pages 1015-1036, June.
  4. Jonathan Gruber & David A. Wise, 1999. "Introduction to "Social Security and Retirement around the World"," NBER Chapters, in: Social Security and Retirement around the World, pages 1-35 National Bureau of Economic Research, Inc.
  5. Jonathan Gruber & David A. Wise, 1999. "Social Security and Retirement around the World," NBER Books, National Bureau of Economic Research, Inc, number grub99-1, July.
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