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Mandatory Retirement Rules and the Retirement Decisions of University Professors in Canada

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Author Info
Casey Warman () (Queen's University)
Christopher Worswick () (Carleton University)

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Abstract

We examine the impact of mandatory retirement on the retirement decisions of professors in Canada using administrative data. We find that the age distributions of professors at universities without mandatory retirement and those at universities with mandatory retirement at age 65 have diverged over time with a higher fraction of professors over the age of 65 being at universities without mandatory retirement. Estimation of a discrete time hazard model indicates that faculty members at universities with mandatory retirement at age 65 have exit rates at age 65 that are around 30 to 36 percentage points higher than those of their counterparts at universities without mandatory retirement. Similar results are found for both men and women; however, the magnitude of this effect is somewhat smaller for women.

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File URL: http://www.econ.queensu.ca/working_papers/papers/qed_wp_1202.pdf
File Format: application/pdf
File Function: First version 2009
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Publisher Info
Paper provided by Queen's University, Department of Economics in its series Working Papers with number 1202.

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Length: 35 pages
Date of creation: Apr 2009
Date of revision:
Handle: RePEc:qed:wpaper:1202

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Related research
Keywords: Retirement; Faculty; University;

Find related papers by JEL classification:
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped
J45 - Labor and Demographic Economics - - Particular Labor Markets - - - Public Sector Labor Markets
J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
I23 - Health, Education, and Welfare - - Education - - - Higher Education Research Institutions

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This page was last updated on 2009-11-23.

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