NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Minimum Hours Constraints and Retirement Behavior

Alan L. Gustman, Thomas L. Steinmeier

NBER Working Paper No. 940 (Also Reprint No. r0419)
Issued in July 1982
NBER Program(s):   LS

This paper presents statistics which confirm the existence of minimum hours constraints for jobs held by a majority of prime aged male workers who are not self employed. It then considers the implications of these constraints for studies of retirement behavior and related policy analyses. Potential biases associated with conventional analyses, which either ignore the existence of minimum hours constraints or assume they are pervasive, are discussed in the context of structural life cycle retirement models. A more realistic but still imperfect specification, which can be estimated given available data, assumes minimum hours constraints on the main job and variable hours elsewhere.

download in pdf format
   (310 K)

email paper

This paper is available as PDF (310 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w0940

Published: Gustman, Alan L. Gustman and Thomas L. Steinmeier. "Minimum Hours Constraints and Retirement Behavior." Contemporary Policy Issues, (Supplement to Economic Inquiry), No. 3, (April 1983), pp. 77-91.

Users who downloaded this paper also downloaded these:
Gustman and Steinmeier w1237 A Structural Retirement Model
Gustman and Steinmeier w10876 Minimum Hours Constraints, Job Requirements and Retirement
Gustman and Steinmeier w0763 Partial Retirement and the Analysis of Retirement Behavior
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us