Do pensions increase the labor supply of older men?

• 成果类型: Article
• 署名作者: Ruhm, CJ
• 署名单位: National Bureau of Economic Research
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/0047-2727(95)01502-7
• 发表日期: 1996
• 页码: 157-175
• 关键词: labor supply; retirement; pensions

摘要

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 65-69. 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 towards earlier male retirement.