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Age of Withdrawal from the Labour Force in OECD Countries

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Author Info
Peter Scherer ()
Abstract

The age of withdrawal from the labour force is an issue of great policy importance. As populations age, an accurate understanding of trends and cross-country differences has become important. However, the age of withdrawal from the labour force cannot be measured directly using cross-sectional data only. Direct observation of net withdrawal rates are needed. This paper presents estimates of these rates derived from comparisons of activity rates at five year periods. A method is proposed (in the Annex) for using data on the stock of people employed at age 65 and above to derive estimates of the net rate of withdrawal at ages 65 and above. The results indicate that net age of withdrawal for men and for women is similar in most countries, and that both show strong cyclical fluctuations ...


L’âge de retrait de la population active est une question d’une grande importance politique. Alors que la population vieillit, une juste compréhension des tendances et des différences internationales est devenue importante. Toutefois, on ne peut pas mesurer directement l’âge de retrait de la population active en utilisant uniquement des données en coupe. Des observations directes des taux nets de retrait sont nécessaires. Ce document présente des estimations de ces taux, dérivées des comparaisons des taux d’activité par périodes de cinq ans. Une méthode est proposée (en Annexe) pour utiliser les données concernant les personnes employées à l’âge de 65 et plus afin d’arriver à des estimations sur les taux nets de retrait à l’âge de 65 ans et plus. Les résultats montrent que l’âge net de retrait est similaire pour les hommes et les femmes dans la plupart des pays. De fortes fluctuations cycliques sont en outre enregistrées à la fois pour les hommes et pour les femmes ...

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Paper provided by OECD Directorate for Employment, Labour and Social Affairs in its series OECD Labour Market and Social Policy Occasional Papers with number 49.

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Date of creation: 11 Jan 2002
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Handle: RePEc:oec:elsaaa:49-en

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  1. Hannu Piekkola & Liisa Harmoinen, 2003. "Time Use and Options for Retirement in Europe," Discussion Papers 868, The Research Institute of the Finnish Economy. [Downloadable!]
  2. Robert Fenge & Martin Werding, 2003. "Ageing and the Tax Implied in Public Pension Schemes: Simulations for Selected OECD Countries," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
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  3. Hannu Piekkola & Matthias Deschryvere, 2004. "Retirement Decisions and Option Values: Their Application Regarding Finland," Discussion Papers 951, The Research Institute of the Finnish Economy. [Downloadable!]
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This page was last updated on 2008-11-15.


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