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Mandatory Retirement and Labor-Force Participation of ...

Mandatory Retirement and Labor-Force Participation of ...

nonmarried women who were aged 60-65 in 1971. Also included in the sample are the wives of the married men. a The NLS sample of older men was begun in 1966 with more than 5,000 respondents aged 44-59. Several subsequent surveys have followed these men as they have approached retirement. See

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Mandatory Retirement and Labor-Force Participation of ...

Mandatory Retirement and Labor-Force Participation of ...

mandatory retirement on the labor-force participation rate of older persons. The results consistently indicate that mandatory retirement lowers the labor-force participation of men wage earners at age 65 by approxi- 4 Mandatory-retirement provisions have not been an unchanging part of the personnel policy of companies. Between 1965 and 1976, more than 20 percent of the firms with pension plans ...

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Can I Stay or Should I Go? Mandatory Retirement and Labor ...

Can I Stay or Should I Go? Mandatory Retirement and Labor ...

Mandatory Retirement and Labor Force Participation of Older Workers Simon Rabat ey Thursday 16th February, 2017 Abstract Retirement is commonly described as a pure labor supply decision, despite the potential importance of the demand side channel. This is partly due to the fact that both dimensions are often di cult to disentangle. In this paper, I manage to overcome this di culty by using a ...

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Can I Stay or Should I Go? Mandatory Retirement and Labor ...

Can I Stay or Should I Go? Mandatory Retirement and Labor ...

Mandatory Retirement and Labor Force Participation of Senior Workers Rabat e Simon 1 1Ecole d’Economie de Paris - Paris School of Economics (EEP-PSE) { Ecole d’ Economie de Paris { 48 boulevard Jourdan 75014 Paris, France Abstract The growing pressure for reforming nancially unstable pension systems makes it crucial to understand the determinants of retirement decision. This article ...

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THE ELIMINATION OF MANDATORY RETIREMENT: IMPLICATIONS FOR ...

THE ELIMINATION OF MANDATORY RETIREMENT: IMPLICATIONS FOR ...

ACADEMIC LABOR MARKET Robert L. Clark North Carolina State University Linda S. Ghent Eastern Illinois University June 2006 Abstract As a result of the 1986 Age Discrimination in Employment Act, colleges and universities were no longer allowed to impose mandatory retirement on faculty members at age 70 after 1994. This paper estimates the change in retirement rates of faculty before and after ...

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Pathways to Retirement, Well-Being, and Mandatory ...

Pathways to Retirement, Well-Being, and Mandatory ...

implications of mandatory retirement rules. While labor market institutions tend to be very different between Canada and France, a recent study by Rabaté (2017) shows that the use of mandatory retirement is also moderate in France—accounting for only approximately 6 percent of job separations, consistent with the results of this study—and that it has contributed little to the increase in ...

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The End of Mandatory Retirement in the US: Effects on ...

The End of Mandatory Retirement in the US: Effects on ...

impute coverage by mandatory retirement, and compare labor force trends for groups of workers with high and low probability of MR. A detailed robustness analysis gives confidence that the effects found on retirement patterns and labor force participation are indeed those due to the abolition of compulsory retirement rules. In a second step, I exploit straightforward implications from Lazear ...

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Did the Elimination of Mandatory Retirement Affect Faculty ...

Did the Elimination of Mandatory Retirement Affect Faculty ...

mandatory retirement has all but disappeared from American life. College and university professors were among the handful of occupa- iions exempted from the general prohibition of age-related employment barriers in the 1986 amendments of the Age Discrimination in Em- ployment Act. The law granted a temporary exemption for postsecondary institutions to en- force mandatory retirement at age 70 ...

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Why is There Mandatory Retirement? An Empirical Reexamination

Why is There Mandatory Retirement? An Empirical Reexamination

mandatory retirement age be part of the labor contract in order to satisfy the zero-profit condition of contract equilibrium. The two models differ in their explanation of the divergence between the wage and VMP profiles. The specific training model explains the divergence by the presence of firm-specific human capital. In contrast, Lazear explicitly deemphasizes the importance of specific ...

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The Labor Supply and Retirement Behavior of China’s Older ...

The Labor Supply and Retirement Behavior of China’s Older ...

retirement decision in East Asia, this paper presents descriptive evidence on retirement and labor supply patterns in China, Indonesia and Korea. While China’s rapid demographic transition is frequently highlighted in news accounts because of the sheer size of its aging population, Korea and Indonesia are also confronting rapidly aging populations. 2. In contrast to most developed countries ...

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Senegal: COUNTRY PENSION DATA OVERVIEW AND DESIGN

Senegal: COUNTRY PENSION DATA OVERVIEW AND DESIGN

The formal pension system in Senegal is composed of two mandatory retirement schemes: 1) civil-service pension scheme (National Retirement Fund (le Fond National de Retraite (FNR)) which covers the majority of civil employees and 2) pension scheme for private sector employees composed of a) general regime (l’Institut de Prévoyance Retraite du Sénégal, Régime Général (IPRES-RG) and b ...

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