Using a novel dataset from the 2006 Portuguese Labor Force Survey this paper examinesthe impact of a voluntary reduction in hours of work, before retirement, on the moment of exitfrom the labor force. If, as often suggested, flexibility in hours of work is a useful measure topostpone retirement,...

According to the Hutchens (1999) model, early retirement is not explained as a result ofmaximizing expected individual utility but rather as a demand-side phenomenon arising froma firm’s profit-maximizing behaviour...

The workforce in all industrialized countries is aging. To forecast future challenges, it is important to understand the impact of a worker's age on the labor market. In this paper, we analyze whether older workers in Germany and Norway are treated differentlyin the hiring process. (...)

In the past decade, Switzerland has experienced a large increase in the number ofindividuals that went into early retirement. This paper takes a look at the determinants of earlyretirement using data from the 2002 Swiss Labor Force Survey that contains an interestingmodule on this topic...

In this paper, the course-related training of elderly workers in Switzerland isanalysed with data from the Swiss Labour Force Survey. Elderly individuals invest substantialamounts in their human capital via course-related training...

We use a long panel data set for four entry cohorts into an internal labor market toanalyze the effect of age on the probability to participate in different training measures.We find that training participation probabilities are inverted u-shaped with age and thatlonger training measures are...

In an aging society, it becomes more and more important to understand how aging affects decision making. Older adults have to face many situations that require consequential financial decisions. In the present study, we examined the effects of aging on decisions in two domains of uncertainty:...

The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...

Several studies show that employees with firm-specific skills are more likely to be covered by employer-sponsored pension schemes than workers with general skills. Therefore it can be expected that workers with firm-specific skills retire earlier. This paper tests this prediction using US data...

Switzerland has one of the highest employment rates of older individuals amongindustrialized countries. Nevertheless, in the past decade, Switzerland has experienced amarked trend toward early retirement. This study analyzes the motives of early retirement inSwitzerland in the 1990s...