TY  - JOUR
AU  - Gustman,Alan L.
AU  - Steinmeier,Thomas L.
TI  - Retirement Flows
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 1069
PY  - 1984
Y2  - September 1984
UR  - http://www.nber.org/papers/w1069
L1  - http://www.nber.org/papers/w1069.pdf
N1  - Author contact info:
Alan L. Gustman
Department of Economics
Dartmouth College
Hanover, NH  03755-3514
Tel: 603/646-2641
Fax: 603/646-2122
E-Mail: ALAN.L.GUSTMAN@DARTMOUTH.EDU
AB  - 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.
ER  -