The effects of job characteristics on retirement

Peter Hudomiet, Michael Hurd (), Andrew M. Parker and Susann Rohwedder

Journal of Pension Economics and Finance, 2021, vol. 20, issue 3, 357-373

Abstract: Along with data about actual, desired, and anticipated job characteristics, this paper uses a novel data element, the subjective conditional probability of working at age 70, to estimate the causal effects of job characteristics on retirement in the United States. Having flexible work hours is the most consistent predictor of retirement preferences and expectations: if all current workers had flexible hours, the fraction working at age 70 would be 0.322, but it would be just 0.172 if none had this option. Job stress, physical, and cognitive job demands, the option to telecommute, and commuting times were additional predictors of retirement expectations.

Date: 2021
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Related works:
Chapter: The Effects of Job Characteristics on Retirement (2019)
Working Paper: The Effects of Job Characteristics on Retirement (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jpenef:v:20:y:2021:i:3:p:357-373_3

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