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Retirement flows

Author: Alan L Gustman; Thomas L Steinmeier; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, 1983.
Series: Working paper series (National Bureau of Economic Research), no. 1069.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"This paper considers labor market flows of older workers among the states of nonretirement, partial retirement and full retirement. Statistics are presented which describe entry, exit and continuation rates for each state by age, duration dependence, and "reverse flows."One important finding which has implications for the structure of utility functions embedded in life cycle retirement models is the relatively high  Read more...
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Additional Physical Format: Print version:
Gustman, Alan L.
Retirement flows.
Cambridge, MA : National Bureau of Economic Research, 1983
(OCoLC)9341816
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Alan L Gustman; Thomas L Steinmeier; National Bureau of Economic Research.
OCLC Number: 681895119
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (30 pages).
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), no. 1069.
Responsibility: Alan L. Gustman, Thomas L. Steinmeier.

Abstract:

"This paper considers labor market flows of older workers among the states of nonretirement, partial retirement and full retirement. Statistics are presented which describe entry, exit and continuation rates for each state by age, duration dependence, and "reverse flows."One important finding which has implications for the structure of utility functions embedded in life cycle retirement models is the relatively high incidence but short duration of partial retirement. These implications are discussed"--NBER website.

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