TY - RPRT T1 - How Does Job Loss Affect the Timing of Retirement? Y1 - 2002 A1 - Sewin Chan A1 - Ann H. Stevens KW - Employment and Labor Force KW - Retirement Planning and Satisfaction AB - We use the Health and Retirement Study to examine the effects of job loss on factors affecting retirement incentives, including earnings, assets and pensions. We then estimate models of the retirement decision, which take into account the incentive to retire and any additional effects of displacement that are not captured by retirement incentives. There are substantial effects of displacement on retirement incentives as the result of changes to both earnings and pensions. Displacement significantly increases the probability of retirement, but only a small fraction of the displacement-induced changes in retirement behavior and labor force participation are the result of workers responding to these altered retirement incentives. PB - National Bureau of Economic Research UR - http://papers.nber.org/papers/w8780.pdf N1 - National Science Foundation Grants 9905275 and 9907824. U4 - Job Loss/Retirement Incentives ER -