Retirement effects of heavy job demands
AbstractThis study focuses on the influence of heavy job demands on retirement, using the available SHARE waves. Heavy job demands may have a direct and health mediated effect on individual retirement. An econometric challenge is the dynamic self-selection of workers into jobs. The main findings indicate: the frequency of heavy job demands is higher among workers with low levels of socioeconomic status. Heavy job demands are associated with on average higher retirement probabilities, once workers become eligible to pension benefits. The effect is driven by long-term exposure to heavy job demands during the career. There are overall no retirement effects in the age bracket 50-58 and thus no indication for strong adverse health effects. A change in the level of current job demands does not influence the subsequent probability of retirement. --
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Bibliographic InfoPaper provided by University of Rostock, Institute of Economics in its series Thuenen-Series of Applied Economic Theory with number 118.
Date of creation: 2011
Date of revision:
Health; job demands; selection bias;
Find related papers by 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
- C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
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