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The Economic Well-being of Older Men in Six Countries

In: Age, Work and Social Security

Author

Listed:
  • Lee Rainwater
  • Martin Rein

Abstract

The declining labour force participation of older men is one of the most dramatic transformations of modern labour markets. In all of the countries for which we have data, we are witnessing a persistent trend toward early retirement of men in their late fifties and early sixties. Unemployment and structural reorganization of the economy combine with societal decisions to allocate the benefits of increased productivity in the form of a shorter working life. Although the trend is general, countries differ as to when the trend began; how rapid the rate of decline; and how deeply the trend has penetrated to men in their mid-fifties.

Suggested Citation

  • Lee Rainwater & Martin Rein, 1993. "The Economic Well-being of Older Men in Six Countries," Palgrave Macmillan Books, in: A. B. Atkinson & Martin Rein (ed.), Age, Work and Social Security, chapter 5, pages 115-131, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22668-9_5
    DOI: 10.1007/978-1-349-22668-9_5
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