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ISER Working Paper Series 2006-20

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

Authors

Publication date

01 May 2006

Abstract

This paper analyses the labour market transitions of older men and women using data from the British Household Panel Survey (BHPS). I find large peaks in exit rates out of employment at ages 60 (women) and 65 (both sexes) which occur in the exact birthday month. This suggests that pension schemes have strong incentive effects. 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 for British and US men. When modelling unobserved heterogeneity I find that the share of ‘movers’ between work and non-work is twice as high among women as among men.

Subjects

Older People and Labour Market

Notes

working paper

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Related publications

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

    David Haardt

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

    David Haardt

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

    David Haardt

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

    David Haardt

    1. Older People
    2. Labour Market

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