Live Longer, Work Longer: Making It Happen in the Labor Market
Milan Vodopivec () and
Additional contact information
Primoz Dolenc: University of Primorska, Faculty of Management, Koper, Slovenia
Financial Theory and Practice, 2008, vol. 32, issue 1, 65-81
An aging population and the corresponding shrinkage of the labor force will create a significant drag on economic growth and may jeopardize the economic well-being of some of the elderly. Thus working longer is an imperative – but extending working lives has proven difficult, both because workers do not want to work longer and because employers are lukewarm about employing older workers. As measures that can be taken to motivate workers to work longer, the paper proposes providing retirement incentives and attractive, flexible working arrangements. To induce employers to hire old workers, it suggests removing the obstacles imposed by restrictive labor market institutions, an increase in the human capital of workers via life-long learning, and addressing age-discrimination. Chances for extending working lives will also increase as the health of elderly workers is improved.
Keywords: aging; retirement incentives; extending working lives (search for similar items in EconPapers)
JEL-codes: F16 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28) Track citations by RSS feed
Downloads: (external link)
Working Paper: Live longer, work longer: making it happen in the labor market (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ipf:finteo:v:32:y:2008:i:1:p:65-81
Access Statistics for this article
More articles in Financial Theory and Practice from Institute of Public Finance Contact information at EDIRC.
Bibliographic data for series maintained by Martina Fabris ().