Conference Paper Annual Congress of the European Economic Association

Transitions Out of and Back to Employment Among Older Men and Women in the UK

Authors

Publication date

26 Aug 2006

Abstract

This paper presents the frst comprehensive analysis of older men and women's labour market transitions in the United Kingdom using data from the British Household Panel Survey (BHPS), 1990-2004. When looking at the empirical hazard rates, I find large peaks in the exit rates out of employment at ages 60 (women) and 65 (both sexes) which occur in the exact birthday month. This points towards strong incentives of pension schemes. Discrete-time hazard regression analysis shows that benefits and health status are the two most important determinants of retirement, with effects that are larger than found in previous studies. When modelling unobserved heterogeneity I find that women are twice as likely as men to be 'movers' between work and non-work.

Related publications

1. Transitions Out of and Back to Employment Among Older Men and Women in the UK

   David Haardt

   Research Paper, SEDAP Research Papers, 197 - 28 May 2007

2. Transitions out of and back to employment among older men and women in the UK

   David Haardt

   ISER Working Paper Series, 2006-20 - 01 May 2006 - download  
   1. Older People
   2. Labour Market

3. Transitions Out of and Back to Employment Among Older Men and Women in the UK

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   Conference Paper, National Conference of Labour Economics - 23 Sep 2005

4. Transitions out of and back to employment among older men and women in the UK

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   Conference Paper, BHPS-2005 Conference: the 2005 British Household Panel Survey Research Conference, 30 June -2 July 2005, Colchester, UK - 2005
   1. Older People
   2. Labour Market

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