Do individuals make rational, well-planned retirement age decisions? Evidence is not conclusive; some decisions seem to be quite reasonable, while others, including the long-term trends generated by these decisions, seem irrational. In order to be able to predict and influence this important...

This paper is concerned with the implications of demographic and labor force changes for work and retirement. It discusses the role of gradual retirement in introducing flexibility into the range of choices between work and retirement. Part I explains the rationale for gradual retirement. Part...

This paper explores the relationship between the Wealth Transfer Index (WTI), a statistic defined by Brown and Bilodeau (1999), and retirement age, which is the age at which the workers in an economy cease to be economically productive. Appropriately expressed as ratio of consumption demand to...

This study addresses some aspects of the financial impact on women under the Social Security benefits reform or redistribution. This paper presents a preliminary result of the study. A multiple decrement model (LL Model) is developed based on a proxy population of U.S. women and its demographic...

New technologies like computers alter skill requirements. This paper explores two related effects of the spread of computers on older workers, using data from the Current Population Survey and the Health and Retirement Study. One conclusion is that impending retirement, rather than age alone,...

Based on Statistics Canada's worker-firm matched Workplace and Employee Survey, our econometric analysis indicated that the average probability of receiving training was 9.3 percentage points higher for younger (25-49) compared to older (50+) workers. Slightly more than half of that gap is...

Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...

Using population-level administrative data, we study labor market externalities stemming from age-specific employment protection legislation (EPL) targeted towards older workers. Our results show no economically meaningful overall effects of the EPL on employment or earnings of either men or...