Late-Career Risks in Changing Welfare States : Comparing Germany and the United States since The 1980s

Cover -- Contents -- Acknowledgments -- Part I - Background -- 1. Introduction -- 1.1 Why compare Germany and the United States? -- 1.2 Why study income mobility around job loss and retirement? -- 1.3 Overview of the study -- 2. Welfare state change and income mobility: a framework -- 2.1 Income mobility: relevance, limitations, and empirical approaches -- 2.2 Income mobility around adverse life events - a framework -- 2.3 The focal events: job loss and retirement -- 3. Institutional context and social policy change -- 3.1 Macroeconomic context -- 3.2 Differences and trends in the employment levels of older people -- 3.3 Institutional context and the (re)employment prospects of older workers -- 3.4 Differences and changes in public and employment-based protection -- 3.5 Female labor force participation and earnings arrangements -- 3.6 Summary -- 4. Data and Methods -- 4.1 Conceptual framework and analytic strategy -- 4.2 Implementation of did matching and compositional adjustments -- 4.3 Data and key measures -- Part II - Economic consequences of retirement -- 5. Literature review and research questions -- 5.1 Why should economic well-being change at retirement? -- 5.2 Institutional context and income changes at retirement: research questions and hypotheses -- 5.3 Previous research on income change at retirement -- 6. The changing economic consequences of retirement -- 6.1 Retirement patterns and economic situation of non-working individuals -- 6.2 Sample characteristics and details of estimation approach -- 6.3 Income changes around exit from work -- 6.4 Summary and conclusions -- 6.5 Additional results -- Part III - Economic consequences of late-career job loss -- 7. Literature review and research questions -- 7.1 Employment, earnings and household income after late-career job loss.