Trends in Labor Force Transitions of Older Men and Women

Franco Peracchi and Finis Welch

Journal of Labor Economics, 1994, vol. 12, issue 2, 210-42

Abstract: The authors use the Current Population Survey to describe what they believe are the most salient aspects of labor force behavior of older men and women during the last two decades. First, they show that early retirement has increased dramatically and this trend continued through the 1980s. Second, the authors show that the factors that most sharply distinguish propensities toward early retirement are those usually associated with low wages. Third, they show that trends in reduced participation for older men parallel those for younger men, while a pattern of increasing female participation is to be expected given the behavior of younger cohorts. Copyright 1994 by University of Chicago Press.

Date: 1994
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