Employment and Retirement Following a Late-Career Job Loss
The frequency of job loss among workers in late career has risen disproportionately in recent years. The effects of job loss on these workers are potentially severe: their earnings capacity, savings, and retirement expectations are likely to be dramatically affected and they may take substantially longer to be re-employed. However, despite these reasons for heightened concern, relatively little is known about the economic consequences of late career job loss among recent cohorts of workers. This paper presents findings from an ongoing research project using the Health and Retirement Study that focuses on the economic impacts of late career job loss on employment and retirement patterns, as well as on earnings and assets.
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Volume (Year): 89 (1999)
Issue (Month): 2 (May)
Pages: 211-216
| Handle: | RePEc:aea:aecrev:v:89:y:1999:i:2:p:211-216 |
| Note: | DOI: 10.1257/aer.89.2.211 |
| Contact details of provider: | Web page: https://www.aeaweb.org/aer/ Email: More information through EDIRC
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References listed on IDEAS
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- John P. Rust, 1989.
"A Dynamic Programming Model of Retirement Behavior,"
NBER Chapters,in: The Economics of Aging, pages 359-404
National Bureau of Economic Research, Inc.
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- James H. Stock & David A. Wise, 1988. "Pensions, The Option Value of Work, and Retirement," NBER Working Papers 2686, National Bureau of Economic Research, Inc.
- Sewin Chan & Ann Huff Stevens, 1999. "Job Loss and Retirement Behavior of Older Men," Departmental Working Papers 199823, Rutgers University, Department of Economics.
- Sewin Chan & Ann Huff Stevens, 1999. "Job Loss and Retirement Behavior of Older Men," NBER Working Papers 6920, National Bureau of Economic Research, Inc.
- Kathryn H. Anderson & Richard V. Burkhauser & Joseph F. Quinn, 1986. "Do Retirement Dreams Come True? The Effect of Unanticipated Events on Retirement Plans," ILR Review, Cornell University, ILR School, vol. 39(4), pages 518-526, July. Full references (including those not matched with items on IDEAS)
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