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Determinants of the Transition from Work into Retirement

  • Monika Riedel


    (Institute for Advanced Studies (IHS), Vienna)

  • Helmut Hofer

This NEUJOBS research report is concerned with determinants for planned retirement from work in European countries, using data from the 2006 ad hoc module of the European Labour Force Survey. The research uses multivariate analysis, taking into account factors that affect retirement planning including personal as well as workrelated characteristics, and some characteristics of national pension systems. In the context of the NEUJOBS project, the key conclusions of the report is that the interaction between planned retirement age and personal and work-related variables is not identical across Europe. Sex as well as country type need to be taken into consideration. Our results hint at EU states being in different phases of the transition from physically demanding to intellectually demanding work environments, which relates to earlier planned retirement where working is physically more demanding. This interpretation, however, is very tentative due to the crude identification of job characteristics via broad ISCO and NACE codes.

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Paper provided by The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria in its series NRN working papers with number 2013-10.

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Length: 51 pages
Date of creation: Apr 2013
Date of revision:
Handle: RePEc:jku:nrnwps:2013_10
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  1. Monika Bütler & Olivia Huguenin & Federica Teppa, 2004. "What Triggers Early Retirement. Results from Swiss Pension Funds," CeRP Working Papers 35, Center for Research on Pensions and Welfare Policies, Turin (Italy).
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  8. de Luna, Xavier & Stenberg, Anders & Westerlund, Olle, 2008. "Can Adult Education Delay Retirement from the Labour Market?," Umeå Economic Studies 756, Umeå University, Department of Economics.
  9. Bellmann, Lutz & Janik, Florian, 2007. "Firms and Early Retirement: Offers That One Does Not Refuse," IZA Discussion Papers 2931, Institute for the Study of Labor (IZA).
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  11. David Dorn & Alfonso Sousa-Poza, 2010. "'Voluntary' and 'involuntary' early retirement: an international analysis," Applied Economics, Taylor & Francis Journals, vol. 42(4), pages 427-438.
  12. Euwals, Rob & van Vuuren, Daniel & Wolthoff, Ronald, 2006. "Early Retirement Behaviour in the Netherlands - Evidence from a Policy Reform," CEPR Discussion Papers 5596, C.E.P.R. Discussion Papers.
  13. Hallberg, Daniel, 2008. "Economic fluctuations and retirement of older employees," Working Paper Series 2008:2, IFAU - Institute for Evaluation of Labour Market and Education Policy.
  14. Justina A.V. Fischer & Alfonso Sousa-Poza, 2006. "The Institutional Determinants of Early Retirement in Europe," University of St. Gallen Department of Economics working paper series 2006 2006-08, Department of Economics, University of St. Gallen.
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  16. Romain Duval, 2003. "The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries," OECD Economics Department Working Papers 370, OECD Publishing.
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