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Vybrané determinanty zaměstnanosti osob v postproduktivním věku na trhu práce v České a Slovenské republice

Selected Determinants of Employment of Persons in Post Productive Age on Labour Market in Czech Republic and Slovakia

Adéla Zubíková, Katarína Švejnová-Höesová and Zdeněk Chytil

Politická ekonomie, 2021, vol. 2021, issue 2, 170-192

Abstract: Pension systems are strained with negative impacts on the state budget as a consequence of the endangering trend of worsening demographic structure and population aging. The aim of this paper is to map trends of employment rates of persons 65-69 years old in the Czech Republic and Slovakia between 1998 and 2017 and to analyse selected determinants affecting these rates. These determinants are then subjected to statistical and regression analysis using panel data for the period 1998-2017. Based on the analysis results, the authors come to three conclusions for both countries: firstly, the increase in pensions is not a limiting factor in the employment of persons aged 65-69; secondly, the participation of persons with tertiary education is of great relevance, implying the need for support to tertiary education; thirdly, the results confirmed the significance of the health determinant of persons aged 65-69, ensuing the need for stimulating investment in health.

Keywords: labour market; participation on the labour market; Czech Republic; Slovakia (search for similar items in EconPapers)
JEL-codes: J14 J21 J26 (search for similar items in EconPapers)
Date: 2021
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DOI: 10.18267/j.polek.1302

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