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Labour Market and Retirement Interactions
A new perspective on employment for older workers. Studies of Policy Reform
Synopsis
This volumes examines the interaction of labour market conditions and retirement decisions. Based on French and US data, it provides empirical evidence and quantitative analysis of retirement and labor market flows. It studies the horizon effect and uses French individual data and probit models to show that the horizon effect does matter for the probability of being employed before the early retirement age. It analyses the influence of the retirement age on
labour-market equilibrium, as well as the impact of labour market conditions, especially the importance of unemployment risk, on retirement decisions.
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What Reviewers Are Saying
a detailed analysis of the horizon effect and the impact that it has on employed older workers. * Ben Ralston, Economic Record *