Gorodnichenko, Yuriy; Song, Jae; Stolyarov, Dmitriy - Institute for Social Research (ISR), University of Michigan - 2013
We analyze lifetime earnings histories of white males during 1960-2010 and categorize the labor force status of every worker as either working full-time, partially retired or fully retired. We find that the fraction of partially retired workers has risen dramatically (from virtually zero to 15...