AbstractThis paper considers labor market flows of older workers among the states of nonretirement, partial retirement and full retirement.Statistics are presented which describe entry, exit and continuation rates for each state by age, duration dependence, and "reverse flows."One important finding which has implications for the structure of utility functions embedded in life cycle retirement models is the relatively high incidence but short duration of partial retirement.These implications are discussed.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 1069.
Date of creation: Sep 1984
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- Ricky Kanabar, 2013.
"Unretirement in England: An Empirical Perspective,"
13/25, Department of Economics, University of York.
- Katherine G. Abraham & Susan N. Houseman, 2005.
"Work and Retirement Plans among Older Americans,"
Book chapters authored by Upjohn Institute researchers,
in: Robert L. Clark & Olivia S. Mitchell (ed.), Reinventing the Retirement Paradigm, pages 70-91
W.E. Upjohn Institute for Employment Research.
- Tetsuji Yamada & Tadashi Yamada, 1987. "Social Security and Earlier Retirement in Japan: Cross-Sectional Evidence," NBER Working Papers 2442, National Bureau of Economic Research, Inc.
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