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Arbeitsmarktpolitik für Ältere

Die Förderung der Beschäftigung Älterer steht auf der politischen Agenda. Wir benötigten angesichts des demografischen Wandels eine betriebliche Arbeitsmarktpolitik, die der Arbeitskräfteknappheit vorausschauend entgegenwirkt.

Die Infoplattform geht auf die arbeitsmarkt- und beschäftigungspolitischen Aspekte der Entwicklung des Arbeitsmarktes für Ältere ein.

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  • Literaturhinweis

    The subsidy trap: Explaining the unsatisfactory effectiveness of hiring subsidies for the senior unemployed (2024)

    Dalle, Axana; Baert, Stijn ; Verhofstadt, Elsy ;

    Zitatform

    Dalle, Axana, Elsy Verhofstadt & Stijn Baert (2024): The subsidy trap: Explaining the unsatisfactory effectiveness of hiring subsidies for the senior unemployed. (Working paper / Ghent University. Faculty of Economics and Business Administration 2024/1082), Gent, 36 S.

    Abstract

    "To extend the labor market participation of seniors, numerous countries provide subsidies to incentivise their recruitment or employment. Prior research demonstrates that the effectiveness of such subsidies is rather unsatisfactory, although the reasons for this inadequacy remain unclear. Therefore, we examined negative employer perceptions triggered by eligibility for such subsidies that might explain this disappointing effectiveness. To this end, we set up a vignette experiment in which 292 genuine recruiters assessed fictitious candidates on their hireability and underlying productivity estimations. These candidates differed experimentally in their eligibility for a hiring subsidy targeted at the unemployed aged 58 or over. Our results indicate that the subsidy has a negative effect on their hiring outcomes. This adverse effect is explained by negative perceptions that counteract the financial incentive. Specifically, the subsidized candidates signal lower physical and technological skills along with an augmented difficulty in hiring and labor inspection." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Social Security and Inequality in Belgium (2024)

    Klinges, Giulia; Jousten, Alain; Lefèbvre, Mathieu;

    Zitatform

    Klinges, Giulia, Alain Jousten & Mathieu Lefèbvre (2024): Social Security and Inequality in Belgium. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16735), Bonn, 37 S.

    Abstract

    "Over the years, the Belgian social security system has undergone substantial reform with a prime focus on increasing older worker labor force participation. The paper explores the effect of past reforms on inequality in old age. We distinguish two separate effects: The mechanical effect considers the change in inequality and expected benefit levels due to the reforms for a fixed retirement age distribution. The behavioral effect accounts for the endogenous change caused by changes in the incentives to work. Our results show that mechanically, reforms have led to losses in expected benefits for all but the lowest income quintile. Behavioral changes had a positive but orders of magnitude smaller effect. Overall, inequality decreased as a result of reforms." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Estimation of a Life-Cycle Model with Human Capital, Labor Supply, and Retirement (2024)

    Taber, Christopher; Seshadri, Ananth; Fan, Xiaodong;

    Zitatform

    Taber, Christopher, Ananth Seshadri & Xiaodong Fan (2024): Estimation of a Life-Cycle Model with Human Capital, Labor Supply, and Retirement. In: Journal of Political Economy, Jg. 132, H. 1, S. 48-95. DOI:10.1086/726232

    Abstract

    "We estimate a life-cycle model of consumption, human capital investment, and labor supply. The interaction between human capital and labor supply towards the end of the life cycle is most novel. The estimates replicate the main features of the data, in particular the large increase in wages and small increase in labor supply at the beginning of the life cycle and the small decrease in wages but large decrease in labor supply towards the end. We show that incorporating human capital is critical when analyzing changes to Social Security." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Retirement Decision of Belgian Couples and the Impact of the Social Security System (2023)

    Cetin, Sefane; Jousten, Alain;

    Zitatform

    Cetin, Sefane & Alain Jousten (2023): Retirement Decision of Belgian Couples and the Impact of the Social Security System. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16470), Bonn, 30 S.

    Abstract

    "This paper investigates the retirement patterns of married couples in Belgium. To forecast retirement behavior, we use administrative Social Security data from 2003 to 2017 and a discrete choice random utility model. In particular, we concentrate on the spousal bonus of pension payments to comprehend how financial incentives resulting from the social security system's structural design affect both partners' retirement decisions. We simulate the effect of the elimination of the spousal bonus and find that a small portion of women delay their retirement whereas the rest substitute into alternative social security benefits. Our results do not only highlight the significance of cross-program spillovers between various Social Security benefits, but also the heterogeneity in preferences for retirement and asymmetry of retirement behavior between husbands and wives." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Nothing Really Matters: Evaluating Demand-Side Moderators of Age Discrimination in Hiring (2023)

    Dalle, Axana; Baert, Stijn ; Lippens, Louis ;

    Zitatform

    Dalle, Axana, Louis Lippens & Stijn Baert (2023): Nothing Really Matters: Evaluating Demand-Side Moderators of Age Discrimination in Hiring. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16672), Bonn, 60 S.

    Abstract

    "As age discrimination hampers the OECD's ambition to extend the working population, an efficient anti-discrimination policy targeted at the right employers is critical. Therefore, the context in which age discrimination is most prevalent must be identified. In this study, we thoroughly review the current theoretical arguments and empirical findings regarding moderators of age discrimination in different demand-side domains (i.e. decision-maker, vacancy, occupation, organisation, and sector). Our review demonstrates that the current literature is highly fragmented and often lacks field-experimental evidence, raising concerns about its internal and external validity. To address this gap, we conducted a correspondence experiment and systematically linked the resulting data to external data sources. In so doing, we were able to study the priorly determined demand-side moderators within a single multi-level analysis and simultaneously control multiple correlations between potential moderators and discrimination estimates. Having done so, we found no empirical support for any of these moderators." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Priming or learning? The influence of pension policy information on individual preferences in Germany, Spain and the United States (2023)

    Fernández, Juan J. ; García-Albacete, Gema; Radl, Jonas ; Jaime-Castillo, Antonio M. ;

    Zitatform

    Fernández, Juan J., Gema García-Albacete, Antonio M. Jaime-Castillo & Jonas Radl (2023): Priming or learning? The influence of pension policy information on individual preferences in Germany, Spain and the United States. In: Journal of European Social Policy, Jg. 33, H. 3, S. 337-352. DOI:10.1177/09589287231164347

    Abstract

    "A promising approach to pension policy preferences focuses on the influence of policy related information. We advance this research programme by examining the impact of information about future pension benefits, including whether information effects occur through priming, learning or both. Drawing on a novel, split-sample survey experiment in the US, Germany and Spain, we examine the impact of information on forecasted pension replacement rates for 2040 on pension policy attitudes. Findings indicate that the information treatment increases support for the two outcomes considered: (i) increases in the pensionable age and (ii) greater spending on pensions relative to other social programmes. Analyses of heterogeneous treatment effects accounting for prior beliefs of participants show that information effects occur both through priming and learning. The study concludes that hard, non-partisan information increases support for reforms that foster the financial sustainability of pension systems, although the scope of information effects depends on contextual conditions." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    The value of pension reforms for late working life: evidence from Sweden (2023)

    Focacci, Chiara Natalie ; Kelfve, Susanne; Motel-Klingebiel, Andreas ; Öylü, Gülin ;

    Zitatform

    Focacci, Chiara Natalie, Gülin Öylü, Andreas Motel-Klingebiel & Susanne Kelfve (2023): The value of pension reforms for late working life: evidence from Sweden. In: The international journal of sociology and social policy, Jg. 43, H. 13/14, S. 79-89. DOI:10.1108/IJSSP-02-2023-0038

    Abstract

    "Purpose: Driven by the aim to increase the participation of older people in the labor force and to extend people's working lives, the Swedish Parliament passed a bill in 1998 to increase the pension eligibility age from 60 to 61 years and establish a notional defined-contribution (NDC) plan. In this article, the authors investigate the impacts towards the prolongation of working lives expected from such an intervention. Design/methodology/approach The authors apply a multinomial probabilistic model based on Swedish registry data on the birth cohorts 1937–1938 (n  = 102,826) and observe differences in exit behaviour between eligible and non-eligible individuals. Findings: The authors find that the cohorts eligible to the pension reform exit the labor market at a later age compared to non-eligible cohorts at the 61-years cut-off. The authors also find that the effect persists in the long term. Furthermore, the authors find that both men and women are equally struck by the reform. Originality/value While there exist many descriptive reports and theoretical analyses on the costs and benefits of pension reforms, this study is the first one to empirically analyse the effect of the first European NDC pay-as-you go pension plan on the potential exclusion of old-aged workers." (Author's abstract, IAB-Doku, © Emerald Group) ((en))

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  • Literaturhinweis

    The Productivity of Unemployment and the Temporality of Employment-to-Come: Older Disadvantaged Job Seekers (2023)

    Gerrard, Jessica ; Watson, Juliet;

    Zitatform

    Gerrard, Jessica & Juliet Watson (2023): The Productivity of Unemployment and the Temporality of Employment-to-Come: Older Disadvantaged Job Seekers. In: Sociological research online, Jg. 28, H. 1, S. 21-36. DOI:10.1177/13607804211009534

    Abstract

    "This article demonstrates how unemployment is made productive through workfare activities for older disadvantaged job seekers. We suggest that the requirement to look for work, engage in education and training, and participate in voluntary work blurs the boundaries between employment and unemployment. Drawing on in-depth qualitative research with older disadvantaged job seekers, we demonstrate how this obligatory productivity is lived and felt, characterised by shame and frustration and framed by the temporality of waiting and searching for work. We suggest that this experience of ‘productive’ unemployment can be described as a dissonant state of ‘transitional stasis’, whereby job seekers are expected to transition out of unemployment and poverty while experiencing the long-term and ongoing effects of immobility." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Ageing and labor productivity (2023)

    Hernaes, Erik; Kornstad, Tom; Røed, Knut; Markussen, Simen;

    Zitatform

    Hernaes, Erik, Tom Kornstad, Simen Markussen & Knut Røed (2023): Ageing and labor productivity. In: Labour Economics, Jg. 82. DOI:10.1016/j.labeco.2023.102347

    Abstract

    "We exploit a policy-induced shift in the labor supply of elderly (age 63–67) workers in Norway to explore how aging of the workforce within existing firms is likely to affect labor productivity and the demand for younger workers. Our results are imprecise, but indicate that a higher share of age 63–67 workers increases total wage costs and has a small positive effect on labor productivity in the short run. Postponed retirement of existing elderly workers leads to a significant decline in the hiring of younger (below age 30) workers." (Author's abstract, IAB-Doku, © 2023 Elsevier) ((en))

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  • Literaturhinweis

    Access to employer-provided paid leave and eldercare provision for older workers (2023)

    Kim, Soohyun ;

    Zitatform

    Kim, Soohyun (2023): Access to employer-provided paid leave and eldercare provision for older workers. In: Community, work & family, Jg. 26, H. 3, S. 285-291. DOI:10.1080/13668803.2021.1885346

    Abstract

    "Paid leave for family and medical reasons is an important workplace benefit for older workers with eldercare responsibilities by offering time off from work to deal with the need for caregiving, but little is known about its effects on eldercare provision. I study the association between employer-provided paid leave and eldercare provision among workers aged 45 or over, using the 2011 and 2017–18 American Time Use Survey and its Leave Modules. Among various types of leave, paid leave for eldercare was the only type of leave associated with an increase in any care provision by six percentage points. The positive relationship was stronger for care provided less than daily than care provided daily. The significant, but small, increase in care provision associated with paid leave for eldercare suggests the role of paid leave in facilitating care for older adults among middle- and old-aged workers." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Graying and Staying on the Job: The Welfare Implications of Employment Protection for Older Workers (2023)

    Morris, Todd; Dostie, Benoit ;

    Zitatform

    Morris, Todd & Benoit Dostie (2023): Graying and Staying on the Job: The Welfare Implications of Employment Protection for Older Workers. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16430), Bonn, 44 S.

    Abstract

    "We study the welfare implications of employment protection for older workers, exploiting recent bans on mandatory retirement across Canadian provinces. Using linked employer- employee tax data, we show that the bans cause large and similar reductions in job separation rates and retirement hazards at age 65, with further reductions at higher ages. The effects vary substantially across industries and firms, and around two-fifths of the adjustments occur between ban announcement and implementation dates. We find no evidence that the demand for older workers falls, but the welfare effects are mediated by spillovers on savings behavior, workplace injuries, and spousal retirement timing." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Are active labour market policies effective for the older unemployed? A meta-evaluation (2023)

    Orfao, Guillermo ; Malo, Miguel A.;

    Zitatform

    Orfao, Guillermo & Miguel A. Malo (2023): Are active labour market policies effective for the older unemployed? A meta-evaluation. In: Ageing & Society, Jg. 43, S. 1617-1637. DOI:10.1017/S0144686X21001288

    Abstract

    "We present a meta-evaluation of the literature on the impacts of active labour market policies for unemployed people over 50, extracting 82 impacts for analysis. The meta-evaluation includes only impact evaluations that examine both a group of beneficiaries and a control group of comparable non-beneficiaries. On average, we find that active policies have a slightly negative effect (−0.8 percentage points) on the probability of unemployed people over 50 finding a job and that this negative effect disappears 24 months after policy implementation. However, this effect is very different when disaggregated by policy type. Direct job creation policies have a clear negative effect (−3.9 percentage points), and training policies have a positive average effect, either in isolation (2.4 percentage points) or when combined with search assistance or counselling (1.7 percentage points). We also find slight differences by gender, with the effect of active policies being greater for women than for men. These results have important implications, given that the European Commission and the Organisation for Economic Co-operation and Development have made active policies the cornerstone of their efforts to improve the re-employment of older people. Our results support training policies, either in isolation or in combination with search assistance and counselling. The greatest impacts are obtained after 12 months of policy implementation." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Pathways of participation in paid and unpaid work in mid to later life in the United Kingdom (2023)

    Sacco, Lawrence B. ; Corna, Laurie M. ; Price, Debora ; Glaser, Karen ;

    Zitatform

    Sacco, Lawrence B., Laurie M. Corna, Debora Price & Karen Glaser (2023): Pathways of participation in paid and unpaid work in mid to later life in the United Kingdom. In: Ageing & Society, Jg. 43, H. 9, S. 2067-2094. DOI:10.1017/S0144686X21001537

    Abstract

    "Policy responses to population ageing have focused on lengthening working lives, overlooking inequalities in older adults’ participation in unpaid activities. This paper examines participation in paid and unpaid activities between the ages of 55 and 70 to answer two questions: how do people navigate pathways of paid work, informal care, volunteering, civic participation and housework in mid to later life?; and how do these pathways relate to gender, socio-economic and health inequalities? Two-staged latent class analysis was used to identify activity pathways using data from the British Household Panel Survey (1996–2008). Multinomial logistic models assessed associations between latent pathways and socio-demographic and health characteristics. Three pathways were observed: full-time work to low activity (49%), part-time and in-home work (34%) and multiple activities (16%). Aside from retirement from full-time work, the pathways of participation in paid and unpaid activities were characterised by continuity; substitution between different forms of paid and unpaid work was not observed. Participation in multiple paid and unpaid activities was more common for respondents in better health and of higher socio-economic status. Since the promotion of paid work and volunteering in later life may mainly benefit individuals in advantaged circumstances, policies should avoid taking a blanket approach to encouraging participation in multiple activities, a key component of active ageing." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Altersrenten und sozialer Ausgleich in Deutschland und Österreich – ein Vergleich anhand von Modellrechnungen (2022)

    Blank, Florian ; Türk, Erik;

    Zitatform

    Blank, Florian & Erik Türk (2022): Altersrenten und sozialer Ausgleich in Deutschland und Österreich – ein Vergleich anhand von Modellrechnungen. In: Sozialer Fortschritt, Jg. 71, H. 2, S. 139-163. DOI:10.3790/sfo.71.2.139

    Abstract

    "Die Gegenüberstellung der Rentenansprüche für einheitliche, idealtypische Biografien ermöglicht den Vergleich von Unterschieden der Rentensysteme selbst. Die von der OECD erstellten Modellbiografien mit durchgehenden Erwerbsverläufen, abschlagsfreiem Renteneintritt und stabilen Einkommenspositionen bilden den Ausgangspunkt für den Vergleich der Rentenversicherungen Deutschlands und Österreichs. Die Vorgehensweise der OECD wird dargestellt, sofern erforderlich korrigiert, aktualisiert und weiterentwickelt. Zusätzlich werden Arbeitslosigkeit, vorzeitiger Renteneintritt sowie Kindererziehungszeiten berücksichtigt. Durch diese Ergänzungen werden eine höhere Realitätsanbindung erreicht und Elemente des sozialen Ausgleichs einbezogen. Es zeigt sich, dass die österreichische Pensionsversicherung in jeder Konstellation deutlich höhere Leistungen gewährt, die Elemente des sozialen Ausgleichs den Abstand teils vergrößern, teils verringern." (Autorenreferat, IAB-Doku)

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  • Literaturhinweis

    Job search requirements for older unemployed workers: Search requirements for the older unemployed affect their re-employment rates and their flows into states of inactivity (2022)

    Bloemen, Hans;

    Zitatform

    Bloemen, Hans (2022): Job search requirements for older unemployed workers. Search requirements for the older unemployed affect their re-employment rates and their flows into states of inactivity. (IZA world of labor 235,2), Bonn, 11 S. DOI:10.15185/izawol.235.v2

    Abstract

    "Politische Maßnahmen zur Aktivierung älterer Arbeitnehmer sind in vielen OECD-Länder mit rasch alternden Bevölkerungen von großer Bedeutung. Forschungsergebnisse deuten darauf hin, dass die Integration Älterer in die allgemein an Arbeitslose gestellten Suchanforderungen zu einem verstärkten Übergang in Beschäftigung führen kann. Als negativer Begleiteffekt ist allerdings eine Zunahme von Inaktivität, etwa durch Berufsunfähigkeit, zu berücksichtigen. Insgesamt kann eine Strategie, die konkrete Suchanforderungen an ältere Arbeitslose stellt und mit einem Monitoringverfahren verbindet, die Wiederbeschäftigung von Älteren deutlich stärken." (Autorenreferat, IAB-Doku)

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  • Literaturhinweis

    Population ageing and its consequences in health, labour market and gender policies (2022)

    Davare, Ramani; Scheitlin, Amara; Kreis, Felix;

    Zitatform

    Davare, Ramani, Felix Kreis & Amara Scheitlin (2022): Population ageing and its consequences in health, labour market and gender policies. (European Centre for Social Welfare Policy and Research. Policy brief 2022,03), Wien, 23 S.

    Abstract

    "Population ageing in the next few decades will result in a higher fraction of older people in European societies. In 2050, there will be close to half a million centenarians and approximately 130 million people over the age of 65 living in the EU with important consequences for economic growth, labour markets and social security. Still, European states have implemented international initiatives and recommendations rather poorly and to different extents. This policy brief analyses the current limitations in ageing-related health, labour market and gender policies in Hungary, Estonia, Germany and the Netherlands." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Old-Age Unemployment and Labor Supply: An Application to Belgium (2022)

    De Brouwer, Octave; Tojerow, Ilan ;

    Zitatform

    De Brouwer, Octave & Ilan Tojerow (2022): Old-Age Unemployment and Labor Supply: An Application to Belgium. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 15628), Bonn, 47 S.

    Abstract

    "Over the last two decades, most OECD countries have reformed their social security in order to make early departures from the labor market increasingly difficult. Despite the fiscal gains that are expected from these reforms, it is likely that these gains from longer careers will be partly offset by increasing expenses on other social security programs. This article sheds light on this issue by exploring the consequences of postponing access to an old-age unemployment program from age 58 to 60. The program provides laid-off workers with a combination of unemployment benefits and a monthly supplement paid by the employer until the full retirement age. Exploiting a rich set of administrative data, we study the effect of this reform on workers' employment and various social security benefits (i.e. unemployment, disability, early retirement and compensated working time reductions), using a triple difference method as identification strategy. Our results show that, for men, the reform had a positive effect on employment, with a small positive effect on a program called Time-Credit, i.e., a social security program that facilitates working time reductions at the end of the career. For women, we find no significant effect on employment but instead a large spillover effect on unemployment. We find that gender differences in job characteristics can help to explain this difference, since women are more likely to work in part-time, low-wage and blue-collar occupations than men, and no significant employment effects are found for these groups of workers." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Employment trends at older ages: policy impact or secular change? (2022)

    Deeg, Dorly J. H. ; de Wind, Astrid ; Blekesaune, Morten ;

    Zitatform

    Deeg, Dorly J. H., Morten Blekesaune & Astrid de Wind (2022): Employment trends at older ages: policy impact or secular change? In: European Journal of Ageing, Jg. 19, H. 3, S. 689-698. DOI:10.1007/s10433-021-00664-0

    Abstract

    "Observed increases in retirement age are generally attributed to policies to extend working lives (PEW). In a quasi-experimental design, we examine to what extent increases in employment of older workers can be attributed to secular changes in individual characteristics as opposed to PEW. We compare two countries: one with clear PEW (the Netherlands) and one without PEW (Norway). Data come from the Dutch Longitudinal Aging Study Amsterdam and the NORwegian Longitudinal study on Aging and Generations. From each study, two same-age (55–64 years) samples are selected, one recruited in 2002–03, and one recruited after five (Norway) and ten years (Netherlands). In pooled regression analysis, paid work is the outcome variable, and time of measurement, the main independent variable. Individual characteristics include age, sex, educational level, self-perceived health, functional limitations, sense of mastery, and work status of partner. Employment rose in both countries, faster in the Netherlands than in Norway. Of the rise in employment, individual characteristics explained less in the Netherlands than in Norway. Accounting for these, the interaction country*time was significant, indicating an extra rise in employment of 5.2 and 7.5% points for Dutch men and women, net of individual characteristics and unobserved factors that are assumed to be similar in both countries. The extra rise in the Netherlands represents 57% of the total rise for both sexes. Thus, secular change in individual characteristics explains part of the rise in employment in both countries. In the Netherlands, other factors such as PEW may additionally explain the rise in employment." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Planning for the “Expected Unexpected”: Work and Retirement in the U.S. After the COVID-19 Pandemic Shock (2022)

    Freeman, Richard B. ;

    Zitatform

    Freeman, Richard B. (2022): Planning for the “Expected Unexpected”: Work and Retirement in the U.S. After the COVID-19 Pandemic Shock. (NBER working paper 29653), Cambridge, Mass, 33 S. DOI:10.3386/w29653

    Abstract

    "This chapter analyzes the implications of the unexpected 2020-2021 COVID-19 pandemic for work and retirement in the U.S. The pandemic induced the greatest loss of jobs in the shortest period of time in U.S. history. A slow economic recovery would surely have endangered work longer/retire later policies that seek to adjust the finances of Social Security retirement to an aging population. Boosted by the huge CARES (March 2020) and ARPA (April 2021) rescue packages, the early recovery from the COVID-19 recession was faster and stronger than the recovery from the 2007-2009 Great Recession. Even so, the pandemic greatly altered the job market, with workers suffering from long COVID having difficulty returning to work and more workers working from home. In its immediate effect and potential long-run impact, the pandemic recession/recovery is a wake-up call to the danger that shocks from the natural world pose to work and retirement. Realistic planning for the future of work and retirement should go beyond analyzing socioeconomic trends to analyzing expected unexpected changes from the natural world as well." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Big five personality traits and retirement decisions (2022)

    Lucifora, Claudio ; Repetto, Martina;

    Zitatform

    Lucifora, Claudio & Martina Repetto (2022): Big five personality traits and retirement decisions. In: Labour, Jg. 36, H. 1, S. 1-28. DOI:10.1111/labr.12210

    Abstract

    "We estimate the effect of the Big Five personality traits on the retirement decisions of individuals aged between 50 and 80 years in fourteen European countries, using wave 7 from the SHARE data. We investigate the probability of retirement and a measure of the distance between actual retirement and ordinary retirement age. Overall, we find that personality affects retirement decisions, and the effects are similar across gender. Openness to experience, conscientiousness and extraversion are generally associated with a delay in retirement decisions, whereas neuroticism anticipates the exit from the labour market." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))

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