Machado, C. Sofia; Portela, Miguel - Institute for the Study of Labor (IZA) - 2012
reduction in hours of work, before retirement, on the moment of exit from the labor force. If, as often suggested, flexibility … in hours of work is a useful measure to postpone retirement, then a reduction in working hours should be associated with … retirement at later ages. Results prove otherwise suggesting that reducing hours of work before retirement is associated with …