Old age work participation

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1 Citation (Scopus)

Abstract

To understand how to raise labor force participation of older workers, it is necessary to understand demand, supply, and institutional factors. Labor supply and retirement decisions of older workers are at the core of microeconomic research and many countries have recently reformed their pension systems to make early retirement financially less attractive. Noneconomic factors like quality of work, health status, social networks, and peer group behavior are important as well. The demand side of the labor market is equally important, particularly now that recent pension reforms have raised labor supply.
Original languageEnglish
Title of host publicationInternational Encyclopedia of the Social & Behavioral Sciences
EditorsJames D. Wright
Place of PublicationOxford
PublisherElsevier
Pages182-189
Number of pages8
Volume17
Edition2nd edition
ISBN (Electronic)9780080970875
ISBN (Print)9780080970868
Publication statusPublished - 2015

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  • Cite this

    Zaidi, A., & van Soest, A. (2015). Old age work participation. In J. D. Wright (Ed.), International Encyclopedia of the Social & Behavioral Sciences (2nd edition ed., Vol. 17, pp. 182-189). Elsevier.