IDEAS home Printed from
   My bibliography  Save this paper

Microeconometric Analysis of the Retirement Decision: United States


  • Joseph Quinn
  • Richard Burkhauser
  • Kevin Cahill
  • Robert Weathers


Using three waves of the ongoing Health and Retirement Survey, we document the labour force withdrawal patterns of a sample of older Americans aged 55-61 and working in 1992. We note the importance of Social Security and employer pension benefits for both the retired and the working populations aged 62 and over. Many of the demographic and economic variables turned out to be important correlates of the labour supply decisions of older Americans, including health status (measured in several ways), age, gender, self-employed status, home ownership, pension eligibility (especially in a defined-benefit plan) and post-retirement health insurance coverage ... En utilisant trois vagues de l'enquête “Santé et Retraite” en cours, nous documentons les modes de retrait du marché du travail sur un échantillon d'Américains d'âge variant entre 55 et 62 ans et qui travaillaient en 1992. Nous remarquons l'importance des allocations de Sécurité Sociale et de retraite patronales, aussi bien pour les retraités que pour les actifs de 62 ans et au-delà. Nombreuses sont les variables démographiques et économiques à s'être avérées largement corrélées avec les décisions d'offre de travail des Américains plus âgés, parmi lesquelles l'état de santé (mesuré de différentes manières), l'âge, le sexe, la situation de travailleur indépendant ou non, l'accession à la propriété, le droit à prestations (particulièrement dans le cas d'un plan à prestations définies) et la couverture de l'assurance maladie pendant la retraite ...

Suggested Citation

  • Joseph Quinn & Richard Burkhauser & Kevin Cahill & Robert Weathers, 1998. "Microeconometric Analysis of the Retirement Decision: United States," OECD Economics Department Working Papers 203, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:203-en

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Leora Friedberg & Anthony Webb, 2005. "Retirement and the Evolution of Pension Structure," Journal of Human Resources, University of Wisconsin Press, vol. 40(2).
    2. John Janssen, 2002. "Long-term fiscal projections and their relationship with the intertemporal budget constraint: An application to New Zealand," Treasury Working Paper Series 02/05, New Zealand Treasury.
    3. Velloso, Helvia, 2006. "Social Security in the United States: Overview and Outlook," Documentos de Proyectos 89, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Marjan, MAES, 2008. "Does the dismantlement of early retirement schemes increase unemployment in Belgium ?," Discussion Papers (ECON - Département des Sciences Economiques) 2008041, Université catholique de Louvain, Département des Sciences Economiques.
    5. Verbič, Miroslav & Spruk, Rok, 2011. "Aging population and public pensions: theory and evidence," MPRA Paper 38914, University Library of Munich, Germany.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:203-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.