Retirement Flows
(214 K)
|
NBER Working Paper No. 1069 (Also Reprint No. r0526)
Issued in September 1984
NBER Program(s): LS
This paper considers labor market flows of older workers among the states of nonretirement, partial retirement and full retirement.Statistics are presented which describe entry, exit and continuation rates for each state by age, duration dependence, and "reverse flows."One important finding which has implications for the structure of utility functions embedded in life cycle retirement models is the relatively high incidence but short duration of partial retirement.These implications are discussed.
Published: Gustman, Alan L. and Thomas L. Steinmeier. "Modeling the Retirement Process for Policy Evaluation and Research." (title different from WP) Monthly Labor Review, Vol. 107, No. 7, July 1984, pp. 26-33.
This paper is available as PDF (214 K) or via email.
Machine-readable bibliographic record -
MARC,
RIS,
BibTeX
|
|
|
About
Support
The research activities of the NBER are funded by grants from federal research agencies, by private foundations, and by generous donations from our corporate associates and from private individuals. The NBER is a non-profit, 501(c)(3) organization. For information on supporting the NBER, please contact:
Mr. Denis Healy, Director of Development
NBER
1050 Massachusetts Avenue
Cambridge, MA 02138-5398
ph: 617-868-3900
email: dhealy@nber.org
Close
