The Economic Well-being of Older Men in Six Countries

Lee Rainwater and Martin Rein

Chapter 5 in Age, Work and Social Security, 1993, pp 115-131 from Palgrave Macmillan

Abstract: Abstract The declining labour force participation of older men is one of the most dramatic transformations of modern labour markets. In all of the countries for which we have data, we are witnessing a persistent trend toward early retirement of men in their late fifties and early sixties. Unemployment and structural reorganization of the economy combine with societal decisions to allocate the benefits of increased productivity in the form of a shorter working life. Although the trend is general, countries differ as to when the trend began; how rapid the rate of decline; and how deeply the trend has penetrated to men in their mid-fifties.

Keywords: Disposable Income; Early Retirement; Annual Earning; Male Head; Early Sixty (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-22668-9_5

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DOI: 10.1007/978-1-349-22668-9_5

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