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Effective Age of Retirement: Innovative Methodology and Recent Experience

Author

Listed:
  • Maxime Comeau
  • Denis Latulippe

Abstract

Methodology to estimate effective retirement age from the labor market has been developed over the last 15 years and is now commonly used for experience review and policy development. However, both transition from work to retirement (including gradual retirement) and the socio-economic environment have evolved over this period which includes the 2008 economic crisis. This paper presents innovative ways to estimate retirement age, in order to better assess effective retirement from employment and not only focus on labor force participation rates. It also makes possible the distinction between retirement from full-time employment vs part-time employment. Results are presented for four countries (Austria and Germany, Ireland and the United Kingdom) with rather diverging experience.

Suggested Citation

  • Maxime Comeau & Denis Latulippe, 2015. "Effective Age of Retirement: Innovative Methodology and Recent Experience," Cahiers de recherche 1504, Chaire de recherche Industrielle Alliance sur les enjeux économiques des changements démographiques.
    • Handle: RePEc:lvl:criacr:1504
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    File URL: https://www.cedia.ca/sites/cedia.ca/files/cahier_15-04_effective_age_retirement.pdf
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    Cited by:

    1. Berg, Peter B. & Hamman, Mary K. & Piszczek, Matthew & Ruhm, Christopher J., 2015. "Can Policy Facilitate Partial Retirement? Evidence from Germany," IZA Discussion Papers 9266, Institute of Labor Economics (IZA).

    More about this item

    Keywords

    Retirement age; Work-retirement transition; Gradual retirement; Retirement experience; Older workers’employment; Retirement age estimation;
    All these keywords.

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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