How Do Unemployed Workers Behave Prior to Retirement? A Multi-State Multiple-Spell Approach
Ga?ecka-Burdziak, Ewa () and
Marek Góra ()
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Ga?ecka-Burdziak, Ewa: Warsaw School of Economics
Authors registered in the RePEc Author Service: Ewa Gałecka-Burdziak ()
No 10680, IZA Discussion Papers from Institute of Labor Economics (IZA)
We examine the behaviour of unemployed older workers up to five years prior to the point at which they can transition out of unemployment because they become eligible to receive pension benefits. We use a unique dataset covering the unemployment histories (longitudinal data) of individuals born between 1940 and 1965 who were registered with any of the public employment offices in Poland. Thus, we study a whole population of individuals who experienced this type of transition over the time period 1996-2015. We examine the transition from unemployment to retirement as a multi-year process. We analyse multiple unemployment spells, identify transition pathways, and look for patterns in these transitions. Moreover, we estimate a conditional risk set model (a stratified Cox model). Our research proves that being close to the point at which they are eligible to receive pension benefits leads individuals 'wait' to fulfil these eligibility criteria.
Keywords: elder workers unemployment; retirement; transition pathways; multiple unemployment spells; recurrent event data; longitudinal analysis (search for similar items in EconPapers)
JEL-codes: C14 C41 H55 J14 J22 J26 J64 (search for similar items in EconPapers)
Pages: 36 pages
New Economics Papers: this item is included in nep-age, nep-eur, nep-lab, nep-pbe and nep-tra
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Working Paper: How do unemployed workers behave prior to retirement? A multi-state multiple-spell approach (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp10680
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