Determinants of Agricultural Economics Faculty Retirement

Josef M. Broder, Fred C. White and Teresa D. Taylor

American Journal of Agricultural Economics, 1991, vol. 73, issue 3, 641-651

Abstract: The retirement experiences of faculty who had retired from 1862 land grant universities are described. Health, financial, family, and professional characteristics of early retirees are contrasted to those of late retirees. Determinants of faculty retirement are identified in the context of a general retirement model. Model results indicate that years-of-service to retirement programs, number of children, mental health, health trends, age at initial employment, and faculty-spouse age differences are positively related to retirement age. Salary levels, net worth, and extension appointments are inversely related to retirement age. Implications of recent changes in the agricultural economics profession on expected retirement behavior are discussed.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:73:y:1991:i:3:p:641-651.

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