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Retirement Decisions in a Changing Labor Market

In: Incentives and Limitations of Employment Policies on Retirement Transitions: Comparisons of Public and Private Sectors

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  • Robert L. Clark
  • Joseph P. Newhouse

Abstract

The papers in this volume examine a series of important questions that influence the transition from full time employment to complete retirement. Retirement is shown to be a process as individuals move from career jobs to bridge jobs to being out of the labor force. The articles examine the characteristics of bridge jobs and the employment conditions that older workers prefer. Analysis provided by the authors show the importance of saving throughout work life and how pension plans and retirement saving plans influence the timing of retirement.
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Suggested Citation

  • Robert L. Clark & Joseph P. Newhouse, 2019. "Retirement Decisions in a Changing Labor Market," NBER Chapters, in: Incentives and Limitations of Employment Policies on Retirement Transitions: Comparisons of Public and Private Sectors, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:14606
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    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J32 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions

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