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Do good working conditions make you work longer? Analyzing retirement decisions using linked survey and register data

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  • Böckerman, Petri
  • Ilmakunnas, Pekka

Abstract

We analyzed the role of adverse working conditions and new management practices in the determination of employees’ retirement behavior. The combined data contain both comprehensive information on perceived job disamenities, job satisfaction, and intentions to retire from two nationally representative cross-sectional surveys and information on employees’ actual retirement decisions from longitudinal register data that can be linked to the surveys. Using a trivariate ordered probit model, we find that job dissatisfaction arising from adverse working conditions is significantly related to intentions to retire and that this, in turn, is related to actual retirement during an extensive follow-up period.

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  • Böckerman, Petri & Ilmakunnas, Pekka, 2020. "Do good working conditions make you work longer? Analyzing retirement decisions using linked survey and register data," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    • Handle: RePEc:eee:joecag:v:17:y:2020:i:c:s2212828x18300495
    DOI: 10.1016/j.jeoa.2019.02.001
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    2. Aurelian-Petruș Plopeanu & Daniel Homocianu & Ionel Bostan & Ana-Iolanda Vodă & Nelu Florea, 2021. "Sustainable Careers: Reliability of Job Satisfaction Predictors for Employees Aged 50+. Evidence from Romanian Development Regions," Sustainability, MDPI, vol. 13(15), pages 1-23, July.
    3. Ludivine Martin & Uyen T. Nguyen-Thi & Caroline Mothe, 2021. "Human resource practices, perceived employability and turnover intention: does age matter?," Applied Economics, Taylor & Francis Journals, vol. 53(28), pages 3306-3320, June.
    4. Daniel Homocianu & Octavian Dospinescu & Napoleon-Alexandru Sireteanu, 2022. "Exploring the Influences of Job Satisfaction for Europeans Aged 50 + from Ex-communist vs. Non-communist Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 159(1), pages 235-279, January.
    5. Johanna Stengård & Marianna Virtanen & Constanze Leineweber & Hugo Westerlund & Hui-Xin Wang, 2022. "The Implication of Physically Demanding and Hazardous Work on Retirement Timing," IJERPH, MDPI, vol. 19(13), pages 1-15, July.
    6. Petri, Böckerman & Pekka, Ilmakunnas, 2020. "Työhyvinvointi kannattaa. Työolot, työtyytyväisyys ja tuottavuus [Working conditions, job satisfaction and productivity]," MPRA Paper 103484, University Library of Munich, Germany.
    7. Claudio Lucifora & Martina Repetto, 2022. "Big five personality traits and retirement decisions," LABOUR, CEIS, vol. 36(1), pages 1-28, March.
    8. Cavapozzi, Danilo & Dal Bianco, Chiara, 2021. "The effect of work disability on the job involvement of older workers," Journal of Economic Behavior & Organization, Elsevier, vol. 192(C), pages 724-739.

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