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Determinants of the Transition from Work into Retirement

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Author Info

  • Monika Riedel

    ()
    (Institute for Advanced Studies (IHS), Vienna)

  • Helmut Hofer

Abstract

This NEUJOBS research report is concerned with determinants for planned retirement from work in European countries, using data from the 2006 ad hoc module of the European Labour Force Survey. The research uses multivariate analysis, taking into account factors that affect retirement planning including personal as well as workrelated characteristics, and some characteristics of national pension systems. In the context of the NEUJOBS project, the key conclusions of the report is that the interaction between planned retirement age and personal and work-related variables is not identical across Europe. Sex as well as country type need to be taken into consideration. Our results hint at EU states being in different phases of the transition from physically demanding to intellectually demanding work environments, which relates to earlier planned retirement where working is physically more demanding. This interpretation, however, is very tentative due to the crude identification of job characteristics via broad ISCO and NACE codes.

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Bibliographic Info

Paper provided by The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria in its series NRN working papers with number 2013-10.

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Length: 51 pages
Date of creation: Apr 2013
Date of revision:
Handle: RePEc:jku:nrnwps:2013_10

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  1. Hallberg, Daniel, 2008. "Economic fluctuations and retirement of older employees," Working Paper Series 2008:2, IFAU - Institute for Evaluation of Labour Market and Education Policy.
  2. Anders Stenberg & Xavier Luna & Olle Westerlund, 2012. "Can adult education delay retirement from the labour market?," Journal of Population Economics, Springer, vol. 25(2), pages 677-696, January.
  3. Rob Euwals & Daniel Vuuren & Ronald Wolthoff, 2010. "Early Retirement Behaviour in the Netherlands: Evidence From a Policy Reform," De Economist, Springer, vol. 158(3), pages 209-236, September.
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  5. de Grip, Andries & Fouarge, Didier & Montizaan, Raymond, 2013. "How Sensitive Are Individual Retirement Expectations to Raising the Retirement Age?," IZA Discussion Papers 7269, Institute for the Study of Labor (IZA).
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  7. Brugiavini, Agar, 2001. "Early retirement in Europe," European Review, Cambridge University Press, vol. 9(04), pages 501-515, October.
  8. Blau, David M., 1997. "Social security and the labor supply of older married couples," Labour Economics, Elsevier, vol. 4(4), pages 373-418, December.
  9. Justina A.V. Fischer & Alfonso Sousa-Poza, 2006. "The Institutional Determinants of Early Retirement in Europe," University of St. Gallen Department of Economics working paper series 2006 2006-08, Department of Economics, University of St. Gallen.
  10. Richard Blundell & Costas Meghir & Sarah Smith, 2002. "Pension Incentives and the Pattern of Early Retirement," Economic Journal, Royal Economic Society, vol. 112(478), pages C153-C170, March.
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  12. Coile Courtney, 2004. "Retirement Incentives and Couples' Retirement Decisions," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 4(1), pages 1-30, July.
  13. Monika Bütler & Olivia Huguenin & Federica Teppa, 2004. "What Triggers Early Retirement. Results from Swiss Pension Funds," CeRP Working Papers 35, Center for Research on Pensions and Welfare Policies, Turin (Italy).
  14. Bellmann, Lutz & Janik, Florian, 2007. "Firms and Early Retirement: Offers That One Does Not Refuse," IZA Discussion Papers 2931, Institute for the Study of Labor (IZA).
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Cited by:
  1. Anna Ruzik-Sierdzinska & Claudia Villosio & Michele Belloni & Maciej Lis & Monika Potoczna, 2013. "Age and productivity. Human Capital Accumulation and Depreciation," CASE Network Reports 0114, CASE-Center for Social and Economic Research.
  2. Maciej Lis & Agnieszka Kamińska & Aart-Jan Riekhoff & Izabela Styczynska, 2013. "The Impact of Institutional and Socio-Ecological Drivers on Activity at Older Ages," CASE Network Reports 0115, CASE-Center for Social and Economic Research.

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