In many European countries, the labor market participation of older workers is considerably lower than the labor market participation of prime-age workers. This study analyzes the variation in labor market withdrawal of older workers across 13 European countries over the period 1995-2008. We...

The withdrawal of older workers from the labor force creates a variety of economic challenges, including an increase in unused production capacity. Costs due to early retirement measured in terms of forgone output averaged 6.3 percent of potential gross domestic product in the OECD in 1998....

The more traditional view of retirement as a one-time event has been superseded in recent years by the idea that, for many workers, leaving the work force may involve a less abrupt transition to full-time retirement. This article examines the process of exiting the labor force referred to in the...

This paper analyzes the determinants of participation rate movements in Canada from the early 1950s through the 1970s, with a particular focus on the socio-economic determinants of the changing labour force attachment of successive cohorts of adult men and women and young persons, and develops...

Population aging is widely assumed to have detrimental effects on economic growth yet there is little empirical evidence about the magnitude of its effects. This paper starts from the observation that many U.S. states have already experienced substantial growth in the size of their older...

Population ageing will lead to a smaller and older workforce. Looking forward, this means that growth will increasingly depend on ensuring the best use of Slovenian workers. This implies keeping older and experience workers longer in employment and better support difficult-to-employ low-skilled...

This paper examines recent U.S. Census Bureau data on labor-force participation among Americans age 55 and older, which includes both the near elderly (ages 55-64) and the elderly (64 and above). The first section uses annualized data on labor-force participation from the Current Population...

In many European countries, the labor market participation of older workers is considerably lower than the labor market participation of prime‐age workers. This study examines the variation in labor market withdrawal of older workers across 13 European countries over the period 1995‐2008. We...