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2022 | 9 | nr 56 | 93--112
Tytuł artykułu

Expectations of Older Workers Regarding Taheir Exit from the Labour Market and its Realization

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The objective of the paper is to analyse the labour market behaviour of older workers, specifically cross-country differences in expectations regarding the exit from the labour market and subsequent realization. Using longitudinal Survey of Health, Ageing and Retirement in Europe (SHARE) data and econometric analysis, we provide an international comparison of the situation of older workers in the Czech Republic with the other countries of Europe. The data show that although expectations about work activity at the age of 63 are quite similar in the Czech Republic from an international perspective, the work activity realized differs significantly between the Czech Republic and other countries. Our principal finding is that the Czech Republic has a high rate of unexpected retirements compared to all other European countries included in this analysis, even if we control for the socioeconomic background of respondents. The econometric analyses further show that up to about one-third of this difference can be explained by the lower retirement age set by the institutional environment in the Czech Republic, which is anticipated by employees at preretirement age. Conversely, the health status of older workers, and even the different allocation of employees to physically demanding occupations, does not have a significant impact on these cross-country differences in unexpected retirements. (original abstract)
Rocznik
Tom
9
Numer
Strony
93--112
Opis fizyczny
Twórcy
  • Academy of Sciences, Czech Republic
  • Academy of Sciences, Czech Republic
Bibliografia
  • Benítez-Silva, H., & Dwyer, D. S. (2005). The rationality of retirement expectations and the role of new information. Review of Economics and Statistics, 87(3), 587-92.
  • Bockerman, P., & Ilmakunnas, P. (2020). Do good working conditions make you work longer? Analyzing retirement decisions using linked survey and register data. Journal of the Economics of Aging, 17. https://doi.org/10.1016/j.jeoa.2019.02.001
  • Börsch-Supan, A. (2020a). Survey of health, ageing and retirement in Europe (SHARE). Wave 1. Version 7.1.0. [Data set]. SHARE-ERIC. https://doi.org/10.6103/SHARE.w1.710
  • Börsch-Supan, A. (2020b). Survey of health, ageing and retirement in Europe (SHARE). Wave 2. Version 7.1.0. [Data set]. SHARE-ERIC. https://doi.org/10.6103/SHARE.w2.710
  • Börsch-Supan, A. (2020c). Survey of health, ageing and retirement in Europe (SHARE). Wave 4. Version 7.1.0. [Data set]. SHARE-ERIC. https://doi.org/10.6103/SHARE.w4.710
  • Börsch-Supan, A. (2020d). Survey of health, ageing and retirement in Europe (SHARE). Wave 5. Version 7.1.0. [Data set]. SHARE-ERIC. https://doi.org/10.6103/SHARE.w5.710
  • Börsch-Supan, A. (2020e). Survey of health, ageing and retirement in Europe (SHARE). Wave 6. Version 7.1.0. [Data set]. SHARE-ERIC. https://doi.org/10.6103/SHARE.w6.710
  • Börsch-Supan, A. (2020f). Survey of health, ageing and retirement in Europe (SHARE). Wave 7. Version 7.1.0. [Data set]. SHARE-ERIC. https://doi.org/10.6103/SHARE.w7.710
  • Börsch-Supan, A., Brandt, M., Hunkler, C., Kneip, T., Korbmacher, J., Malter, F., Schaan, B., Stuck, S., & Zuber, S. (2013). Data resource profile: The survey of health, ageing and retirement in Europe (SHARE). International Journal of Epidemiology, 42(4), 992-1001. https://doi.org/10.1093/ije/dyt088
  • Chan, S., & Stevens, A. (2004). Do changes in pension incentives affect retirement? A longitudinal study of subjective retirement expectations. Journal of Public Economics, 88(7-8), 1307-33.
  • Coppola, M., & Wilke, C. B. (2014). At what age do you expect to retire? Retirement expectations and increases in the statutory retirement age. Fiscal Studies, 35(2), 165-88.
  • Czech Statistical Office. (2018). Projekce obyvatelstva ČR do roku 2100. [Projection of the population of the Czech Republic until 2100]. Praha: Český statistický úřad. https://www.czso.cz/csu/czso/projekce-obyvatelstva-ceske-republiky-2018-2100
  • Engels, B., Geyer, J., & Haan, P. (2017). Pension incentives and early retirement. Labour Economics, 47, 216-31. https://doi.org/10.1016/j.labeco.2017.05.006
  • Gupta, N. D., & Larsen, M. (2010). The impact of health on individual retirement plans: Self-reported versus diagnostic measures. Health Economics, 19(7), 792-813. https://doi.org/10.1002/hec.1523
  • Jones, A. M., Rice, N., & Roberts, J. (2010). Sick of work or too sick to work? Evidence on self-reported health shocks and early retirement from the BHPS. Economic Modelling, 27(4), 866-80. https://doi.org/10.1016/j.econmod.2009.10.001
  • Maestas, N. (2010). Back to work: Expectations and realizations of work after retirement. Journal of Human Resources, 45(3), 718-48.
  • McGarry, K. (2004). Health and retirement: Do changes in health affect retirement expectations? Journal of Human Resources, 39(3), 624-48.
  • OECD. (2019). Pensions at a glance 2019: OECD and G20 indicators. Paris: OECD Publishing. https://www.oecd-ilibrary.org/social-issues-migration-health/pensions-at-a-glance-2019_b6d3dcfc-en
  • Pertold, F., & Šatava, J. (2018). Obezita v České republice: mezinárodní srovnání s využitím dat z projektu SHARE [Obesity in the Czech Republic: An international comparison using data from the SHARE project]. IDEA study 9, 2018. https://idea.cerge-ei.cz/files/IDEA_Studie_9_2018_Obezita_v_Cesku/mobile/index.html
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171684030

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