Labor force dynamics of older men.

TitleLabor force dynamics of older men.
Publication TypeJournal Article
Year of Publication1994
AuthorsBlau, DM
JournalEconometrica
Volume62
Issue1
Pagination117-56
Date Published1994 Jan
ISSN Number0012-9682
Call Numberpubs_1994_Blau_DEcmetrica.pdf
KeywordsAmericas, Developed Countries, Economics, Employment, Financial Management, Financing, Government, Health Workforce, North America, Retirement, Social Class, Social Security, Socioeconomic factors, United States
Abstract

"This paper describes and analyzes movements of older men among labor force states [in the United States] using quarterly observations derived from the Retirement History Survey (RHS)." The results indicate "substantial undercounts in the biannual data, indicating that the prevalence of labor force movements at older ages has been underestimated previously.... The results show that labor force dynamics at older ages are important, including duration and spell occurrence dependence, and work experience effects. These effects are robust to nonparametric controls for unobserved heterogeneity. The estimates indicate that social security benefits have strong effects on the timing of labor force transitions at older ages, but that changes in social security benefit levels over time have not contributed much to the trend toward earlier labor force exit."

URLhttps://www.ncbi.nlm.nih.gov/pubmed/12290260
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/12290260?dopt=Abstract

Endnote Keywords

Labor Force/Employment/Financial Management/Financing, Government/Retirement/Social Class/Social Security/Socioeconomic Factors

Endnote ID

4015

Alternate JournalEconometrica
Citation Key6524
PubMed ID12290260