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Do good working conditions make you work longer? Evidence on retirement decisions using linked survey and register data

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Listed:
  • Petri Böckerman

    (Palkansaajien tutkimuslaitos)

  • Pekka Ilmakunnas

Abstract

We analyze the potential role of adverse working conditions and management practices in the determination of employees’ retirement behavior. Our data contain both comprehensive information regarding perceived job disamenities, job satisfaction, and intentions to retire from nationally representative cross-sectional surveys and information on employees’ actualretirement decisions from longitudinal register data that can be linked to the surveys. Using a trivariate ordered probit model, we observe that job dissatisfaction arising from adverse working conditions is significantly related to intentions to retire, and this in turn is related to actual retirement during the follow-up period.

Suggested Citation

  • Petri Böckerman & Pekka Ilmakunnas, 2017. "Do good working conditions make you work longer? Evidence on retirement decisions using linked survey and register data," Working Papers 315, Työn ja talouden tutkimus LABORE, The Labour Institute for Economic Research LABORE.
    • Handle: RePEc:pst:wpaper:315
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    References listed on IDEAS

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    1. Mourifié, Ismael & Méango, Romuald, 2014. "A note on the identification in two equations probit model with dummy endogenous regressor," Economics Letters, Elsevier, vol. 125(3), pages 360-363.
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    More about this item

    Keywords

    working conditions; job satisfaction; retirement; new management practices;
    All these keywords.

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence

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