EconPapers    
Economics at your fingertips  
 

'Voluntary' and 'involuntary' early retirement: an international analysis

David Dorn () and Alfonso Sousa-Poza ()

Applied Economics, 2010, vol. 42, issue 4, 427-438

Abstract: Recent literature makes a distinction between 'voluntary' and 'involuntary' early retirement, where 'involuntary' early retirement results from employment constraints rather than from a preference for leisure relative to work. This article analyses 'voluntary' and 'involuntary' early retirement based on international microdata covering 19 industrialized countries. The results show that 'involuntary' early retirement is particularly widespread in Continental Europe. Countries facing economic recessions and having strict employment protection legislation have higher shares of 'involuntary' retirements among early retirees. Generous early retirement provisions of the social security system do not only make 'voluntary' early retirement more attractive for individuals, but also induce firms to push more employees to retire early.

Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (24) Track citations by RSS feed

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840701663277 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: 'Voluntary' and 'Involuntary' Early Retirement: An International Analysis (2007) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:42:y:2010:i:4:p:427-438

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20

Access Statistics for this article

Applied Economics is currently edited by Anita Phillips

More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2018-10-12
Handle: RePEc:taf:applec:v:42:y:2010:i:4:p:427-438