TY  - JOUR
AU  - Ruhm,Christopher J.
TI  - Do Pensions Increase the Labor Supply of Older Men?
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4925
PY  - 1994
Y2  - November 1994
UR  - http://www.nber.org/papers/w4925
L1  - http://www.nber.org/papers/w4925.pdf
N1  - Author contact info:
Christopher J. Ruhm
Frank Batten School of
Leadership and Public Policy
University of Virginia
235 McCormick Rd.
P.O. Box 400893
Charlottesville, VA 22904-4893
Tel: 434-243-3729
E-Mail: ruhm@virginia.edu
AB  - This paper investigates the relationship between pension coverage and the retirement behavior of older men.  Pensions are associated with higher work involvement for males in their late fifties and early sixties but with lower rates of job holding for those aged 65 through 69.  Age of entry into pension employment is shown to be positively correlated with future labor supply.  When combined with evidence on age-specific changes in labor force participation rates, this pattern casts doubt on the hypothesis that broadened pension coverage explains a substantial portion of the trend toward earlier male retirement.
ER  -