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Early retirement in three types of welfare state
Author(s)Jeungkun Kim
Journal titleResearch on Aging, vol 31, no 5, September 2009
Pagespp 520-548
KeywordsEarly retirement ; Employment of older people ; Labour economics ; Social welfare ; Comparison ; International.
AnnotationThe main purpose of this study was to examine the labour force participation rate of those aged 55-64 across countries and by gender on the basis of Esping-Andersen's typology of welfare states. The author investigated the influence of a country's socioeconomic characteristics on work participation using data from nine Organisation for Economic Co-operation and Development (OECD) countries from 1984 to 2001. The results show that classifying countries according to Esping-Andersen's typology provides insight into how a set of country-level socioeconomic conditions and policies may influence individual work decisions. The results also show that men and women respond differently to economic and demographic change at the country level. Conclusions imply that policy interventions to reverse patterns of early retirement need to consider country-level economic and demographic characteristics and their interaction, along with policies that would change financial incentives facing individuals. (RH).
Accession NumberCPA-100907002 A
ClassmarkG5M: GC: WH: TY: 48: 72

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