The relationship between retirement life cycle changes and older men's labor force participation rates

M. D. Hayward; E. M. Crimmins; L. A. Wray

doi:10.1093/geronj/49.5.S219

The relationship between retirement life cycle changes and older men's labor force participation rates

M. D. Hayward, E. M. Crimmins, L. A. Wray

Biobehavioral Health

Research output: Contribution to journal › Article › peer-review

30 Scopus citations

Abstract

This study probes the utility of older men's labor force participation rates (LFPRs) as indicators of the work-to-retirement transition. Specific attention is directed at how shifts in the retirement life cycle are related to LFPRs. Based on Current Population Survey data for the 1970s, a life table modeling approach showed that LFPRs are relatively weak indicators of the work-to-retirement transition. This was demonstrated by the relative stability in older men's age profiles of LFPRs despite significant changes in the timing and 'organization' of the work-to-retirement transition. The 1970s evidenced a contraction of the main career and the expansion of both post- retirement work activity and retirement, yet none of these changes substantially altered the age profiles of older men's labor force participation rates.

Original language	English (US)
Pages (from-to)	S219-S230
Journal	Journals of Gerontology
Volume	49
Issue number	5
DOIs	https://doi.org/10.1093/geronj/49.5.S219
State	Published - 1994

All Science Journal Classification (ASJC) codes

Aging

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10.1093/geronj/49.5.S219

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abstract = "This study probes the utility of older men's labor force participation rates (LFPRs) as indicators of the work-to-retirement transition. Specific attention is directed at how shifts in the retirement life cycle are related to LFPRs. Based on Current Population Survey data for the 1970s, a life table modeling approach showed that LFPRs are relatively weak indicators of the work-to-retirement transition. This was demonstrated by the relative stability in older men's age profiles of LFPRs despite significant changes in the timing and 'organization' of the work-to-retirement transition. The 1970s evidenced a contraction of the main career and the expansion of both post- retirement work activity and retirement, yet none of these changes substantially altered the age profiles of older men's labor force participation rates.",

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AB - This study probes the utility of older men's labor force participation rates (LFPRs) as indicators of the work-to-retirement transition. Specific attention is directed at how shifts in the retirement life cycle are related to LFPRs. Based on Current Population Survey data for the 1970s, a life table modeling approach showed that LFPRs are relatively weak indicators of the work-to-retirement transition. This was demonstrated by the relative stability in older men's age profiles of LFPRs despite significant changes in the timing and 'organization' of the work-to-retirement transition. The 1970s evidenced a contraction of the main career and the expansion of both post- retirement work activity and retirement, yet none of these changes substantially altered the age profiles of older men's labor force participation rates.

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The relationship between retirement life cycle changes and older men's labor force participation rates

Abstract

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