Mandatory Retirement Rules and Retirement Decisions of University Professors in Canada
AbstractThe age distributions of professors at Canadian 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. An analysis 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 30 to 35 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. This does not support the view that mandatory retirement is a more severe constraint on the behaviour of female academics
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Analytical Studies Branch Research Paper Series with number 2005271e.
Date of creation: 05 Dec 2005
Date of revision:
Education; training and learning; Seniors; Education finance; Teachers and educators; Work and retirement;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-02-05 (All new papers)
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- 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.
- Thomas Flanagan, 1985. "Policy-making by Exegesis: The Abolition of 'Mandatory Retirement' in Manitoba," Canadian Public Policy, University of Toronto Press, vol. 11(1), pages 40-53, March.
- 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.
- Morley Gunderson, 2003. "Age Discrimination in Employment in Canada," Contemporary Economic Policy, Western Economic Association International, vol. 21(3), pages 318-328, 07.
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