EconPapers    
Economics at your fingertips  
 

The puzzle of older workers' employment: Distance to retirement and health effects

Bérangère Legendre and Mareva Sabatier ()
Additional contact information
Bérangère Legendre: IREGE - Institut de Recherche en Gestion et en Economie - USMB [Université de Savoie] [Université de Chambéry] - Université Savoie Mont Blanc

Post-Print from HAL

Abstract: This article investigates the extent to which the distance to retirement affects low employment rates among European older workers, taking into account a key but often neglected determinant: health status. To begin, the study amends McCall's job search model, in which the job search behavior is treated as age dependent. Agents are heterogeneous according to two attributes: distance to retirement and health. This model leads to clear predictions, such that the closer the retirement, the greater the reservation wage and the lower people's search effort. Older workers also exhibit lower exit rates from unemployment , an effect that gets enhanced by health problems. This empirical work, based on a French survey, confirms the existence of a distance effect but also puts the greater impact of health status into perspective. The distance effect explains only part of the puzzle of older workers' employment.

Keywords: distance to retirement; older workers' employment; health (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-dge, nep-eur and nep-hea
Date: 2017
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01522749
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed

Published in International Journal of Manpower, Emerald, 2017, 38 (1), pp.45-61. . <10.1108/IJM-02-2016-0042>

Downloads: (external link)
https://hal.archives-ouvertes.fr/hal-01522749/document (application/pdf)

Related works:
Journal Article: The puzzle of older workers’ employment: distance to retirement and health effects (2017) 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:hal:journl:hal-01522749

DOI: 10.1108/IJM-02-2016-0042

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2019-05-24
Handle: RePEc:hal:journl:hal-01522749