TY  - JOUR
AU  - Hurd,Michael
AU  - McGarry,Kathleen
TI  - The Relationship Between Job Characteristics and Retirement
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4558
PY  - 1993
Y2  - December 1993
UR  - http://www.nber.org/papers/w4558
L1  - http://www.nber.org/papers/w4558.pdf
N1  - Author contact info:
Michael D. Hurd
RAND Corporation
1776 Main Street
Santa Monica, CA 90407
Tel: 310/451-6945
Fax: 310/451-6923
E-Mail: mhurd@rand.org

Kathleen M. McGarry
Department of Economics
University of California, Los Angeles
Los Angeles, CA 90095-1477
Tel: 310-206-2833
Fax: 310-825-9528
E-Mail: mcgarry@econ.ucla.edu
AB  - We study the influence of job characteristics on prospective retirement as measured by the probability of working past age 62 or 65.  The characteristics fall into three broad classes: physical and mental requirements, job flexibility including employer accomodation to older workers, and financial aspects such as pensions and health care insurance.  Using data from the Health and Retirement Survey, we find that physical and mental job requirements have a rather small influence on prospective retirement, whereas measures of job flexibility and financial aspects of the job are important determinants.
ER  -