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Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and underemployment, aging populations, and unsustainable public pension systems in welfare states around the world. We examine the relationships between well-being and job satisfaction on...
Persistent link: https://www.econbiz.de/10010251177
This paper investigates the impact of financial wealth and earned income on the retirement decision using data from the English Longitudinal Survey of Ageing. The estimation results from a random effect dynamic probit model show that housing wealth has virtually no impact on the decision to...
Persistent link: https://www.econbiz.de/10009501244
This paper estimates the propensity to retire and the persistence of remaining retired once the decision to retire has been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth is virtually zero and that of financial assets wealth...
Persistent link: https://www.econbiz.de/10013058740
Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is...
Persistent link: https://www.econbiz.de/10013316799
This study examines the role of individual characteristics, occupation, industry, region, and workplace characteristics … allowance is explicitly made for the possibility of both workplace and occupational segregation across each group. Individual … and workplace characteristics are shown to explain much of the earnings gaps examined. Within gender groups, the striking …
Persistent link: https://www.econbiz.de/10013316862
This register-based follow-up study focuses on the association between workplace characteristics and recruitment of … people with a history of sickness absence. The aim was to study whether recruitment differs with regard to workplace sector …
Persistent link: https://www.econbiz.de/10011925839
Flexible work time and retirement options are a potential solution for the challenges of unemployment, aging populations, and unsustainable pensions systems around the world. Voluntary part-time workers in Europe and the US are happier, experience less stress and anger, and are more satisfied...
Persistent link: https://www.econbiz.de/10011422419
This paper introduces a bivariate version of the generalized accelerated failure time model. It allows for simultaneity in the econometric sense that the two realized outcomes depend structurally on each other. Another feature of the proposed model is that it will generate equal durations with...
Persistent link: https://www.econbiz.de/10011994688
A decomposition of changes to participation rates of 55-to-74 year-olds between 2002 and 2017 based on an estimated equation attributes more than two thirds of the median increase (of 10.9 percentage points) to rising life expectancy and educational attainment. About 1 percentage point is...
Persistent link: https://www.econbiz.de/10012111057
Estimates for a structural model of savings and labour supply calculated on UK field data support the hypothesis of quasi-hyperbolic discounting. The estimated model indicates that a DC pension encourages increased saving and labour supply prior to pension age, and substantially reduced labour...
Persistent link: https://www.econbiz.de/10009260809