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Mandatory Retirement Rules And The Retirement Decisions Of University Professors In Canada

Christopher Worswick () and Casey Warman ()

No 1202, Working Paper from Economics Department, Queen's University

Abstract: We examine the impact of mandatory retirement on the retirement decisionsof professors in Canada using administrative data. We find that the agedistributions of professors at universities without mandatory retirementand those at universities with mandatory retirement at age 65 havediverged over time with a higher fraction of professors over the age of 65being at universities without mandatory retirement. Estimation of adiscrete time hazard model indicates that faculty members at universitieswith mandatory retirement at age 65 have exit rates at age 65 that arearound 30 to 36 percentage points higher than those of their counterpartsat universities without mandatory retirement. Similar results are foundfor both men and women; however, the magnitude of this effect is somewhatsmaller for women.

Keywords: University; Faculty; Retirement (search for similar items in EconPapers)
JEL-codes: J26 J14 J45 J18 J21 I23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age and nep-lab
Date: 2009-04
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https://www.econ.queensu.ca/sites/econ.queensu.ca/files/qed_wp_1202.pdf First version 2009 (application/pdf)

Related works:
Journal Article: Mandatory Retirement Rules and the Retirement Decisions of University Professors in Canada (2010) Downloads
Working Paper: Mandatory Retirement Rules and Retirement Decisions of University Professors in Canada (2005) Downloads
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