Life expectancy and labor supply of the elderly

Aísa, Rosa (Universidad de Zaragoza) ; Pueyo, Fernando (Universidad de Zaragoza) ; Sanso, Marcos

Resumen: Most of the 20th century saw a progressive reduction in the labor market participation of older workers, but in the 1990s, there was a turning point in this trend across the developed world. Incentives to retire early have gradually been removed and, even, substituted by benefits for workers who remain active. This study shows that these reforms will find less and less opposition from workers as a consequence of the growth in their life expectancy, as long as it has a greater positive effect on the productivity of the elderly than on the value of leisure.

Idioma: Inglés

DOI: 10.1007/s00148-011-0369-5

Año: 2012

Publicado en: JOURNAL OF POPULATION ECONOMICS 25, 2 (2012), 545-568
ISSN: 0933-1433

Factor impacto JCR: 1.183 (2012)

Categ. JCR: ECONOMICS rank: 110 / 333 = 0.33 (2012) - Q2 - T2
Categ. JCR: DEMOGRAPHY rank: 11 / 25 = 0.44 (2012) - Q2 - T2

Tipo y forma: Article (PostPrint)

Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)