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

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  • Christopher Worswick

    ()
    (Carleton University)

  • Casey Warman

    ()
    (Queen)

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://qed.econ.queensu.ca/working_papers/papers/qed_wp_1202.pdf
File Function: First version 2009
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Bibliographic 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:
Publication status: Published in Labour Economics
Handle: RePEc:qed:wpaper:1202

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Keywords: University; Faculty; Retirement;

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  1. Orley Ashenfelter & David Card, 2002. "Did the Elimination of Mandatory Retirement Affect Faculty Retirement?," American Economic Review, American Economic Association, vol. 92(4), pages 957-980, September.
  2. Morley Gunderson, 2003. "Age Discrimination in Employment in Canada," Contemporary Economic Policy, Western Economic Association International, vol. 21(3), pages 318-328, 07.
  3. M. Shannon & D. Grierson, 2004. "Mandatory retirement and older worker employment," Canadian Journal of Economics, Canadian Economics Association, vol. 37(3), pages 528-551, August.
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