Overtime by Berkman Lisa F.;Truesdale Beth C.;
Author:Berkman, Lisa F.;Truesdale, Beth C.;
Language: eng
Format: epub
Publisher: Oxford University Press, Incorporated
Published: 2022-06-15T00:00:00+00:00
Notes
1.We will use the terms âworkingâ and âemployedâ interchangeably. Both terms include the self-employed.
2.The RAND HRS Longitudinal File is an easy-to-use dataset based on the HRS core data. This file was developed at RAND with funding from the National Institute on Aging and the Social Security Administration.
3.P70 was added to HRS in 2012 so the follow-up is not yet long enough to compare expectations to subsequent actual work status for P70.
4.Because the HRS did not ask about any work after age 62, we use P62, the subjective probability of full-time work to anchor at age 62.
5.The fraction of the older population with a college degree increased substantially between 1992 and 2016, which may have contributed to this change. However, when we classified by education quartiles, rather than by degree of education, the decline remained large: 11 percentage points.
References
Banerjee, Sudipto, and David Blau. 2016. âEmployment Trends by Age in the United States Why Are Older Workers Different?â Journal of Human Resources 51 (1): 163â199. https://doi.org/10.3368/jhr.51.1.163.
Blundell, Richard, Jack Britton, Monica Costa Dias, and Eric French. 2017. âThe Impact of Health on Labour Supply Near Retirement.â Working Paper W17/18. London: Institute for Fiscal Studies. https://doi.org/10.1920/wp.ifs.2017.W1718.
Bosworth, Barry, Gary Burtless, and Kan Zhang. 2016. Later Retirement, Inequality in Old Age, and the Growing Gap in Longevity between Rich and Poor. Economic Studies at Brookings. Washington, DC: The Brookings Institution. https://www.brookings.edu/wp-content/uploads/2016/02/BosworthBurtlessZhang_retirementinequalitylongevity.pdf.
Chernew, Michael, David M. Cutler, Kaushik Ghosh, and Mary Beth Landrum. 2017. âUnderstanding the Improvement in Disability-Free Life Expectancy in the U.S. Elderly Population.â In Insights in the Economics of Aging, edited by David A. Wise, 161â204. University of Chicago Press. http://www.nber.org/chapters/c13631. Accessed June 02, 2022.
Coile, Courtney C. 2003. âRetirement Incentives and Couplesâ Retirement Decisions.â Working Paper 9496. Working Paper Series. National Bureau of Economic Research. https://doi.org/10.3386/w9496.
Coile, Courtney C. 2015. âEconomic Determinants of Workersâ Retirement Decisions.â Journal of Economic Surveys 29 (4): 830â853. https://doi.org/10.1111/joes.12115. Accessed June 02, 2022.
Coile, Courtney C., and Phillip B. Levine. 2010. Reconsidering Retirement: How Losses and Layoffs Affect Older Workers. Washington, DC: Brookings Institution Press. http://muse.jhu.edu/book/356.
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