Elderly Labor Supply: Work or Play?

TitleElderly Labor Supply: Work or Play?
Publication TypeReport
Year of Publication2001
AuthorsHaider, S, Loughran, D
InstitutionBoston College
Call Numberwp_2001/Haider-Loughran2001.pdf
KeywordsEmployment and Labor Force, Health Conditions and Status, Other, Retirement Planning and Satisfaction
Abstract

As the labor force has begun to retire at earlier ages and the population of the U.S. continues to age, people over the age of 65 that are still working have become a very important part of the economy. This study creates many questions that will allow the researchers to find out why some people over the age of 65 continue to work. Those elderly people that work past normal retirement age, somewhat surprisingly, are the ones that are most educated, wealthiest, and healthiest. At the same time these elder workers receive less compensation than younger workers and less compensation then they had in the past. Health was found to be the deciding factor in whether or not these elderly people stay in the workforce.

Endnote Keywords

Retirement Behavior/Health Status/Labor Force Parti/cipation

Endnote ID

6620

Citation Key5450