Publication type
Research Paper
Series Number
2009-01
Series
CIQLE Working Papers
Author
Publication date
March 1, 2009
Abstract:
Since the 1970s retirement has become increasingly early and less standardized. While
much research has addressed the early retirement trend, there is little understanding of
changing retirement patterns. Yet, changing retirement patterns are an important potential
driver of economic inequality among retirees. This article proposes de-standardization
and differentiation as two concepts to systematically analyze temporal retirement
patterns. Germany and Britain are compared to assess how social policies interact to
shape individual retirement patterns and economic inequality. The study uses sequence
analysis and relative distribution methods to provide an innovative and dynamic
perspective on retirement. Results from longitudinal data show that retirement destandardization
and differentiation are driven by employment maintenance policies on the
labor market, high institutional complexity in pensions, and a lack of institutionalized
early retirement routes. De-standardization and differentiation of retirement, however, are
not associated with increasing economic inequality among retirees.
Subjects
Link
- http://www.yale.edu/ciqle/papers.html
Notes
From BHPS 2009 conf.paper. This series isn't on Econpapers or RePEc. JCI 14/10/09
working paper
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