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Working Hours Flexibility and Older Workers' Labor Supply

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  • Gielen, A. C.

    (Tilburg University, Center For Economic Research)

Abstract

This paper studies the presence of hours constraints on the UK labor market and its effect on older workers labor supply. Using panel data for the period 1991-2004, the results from a competing risks model show that over-employed male workers can freely reduce working hours with their current employer before retiring completely. However, some over-employed women are observed to leave the labor market early due to hours constraints. This suggests that more flexibility in working hours can increase the labor market participation for some older workers as has often been suggested. Copyright 2009 , Oxford University Press.
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Suggested Citation

  • Gielen, A. C., 2007. "Working Hours Flexibility and Older Workers' Labor Supply," Discussion Paper 2007-49, Tilburg University, Center for Economic Research.
    • Handle: RePEc:tiu:tiucen:e6763d55-764e-48a4-a8bd-dfc989b7cc24
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    More about this item

    Keywords

    Labor supply; hours constraint; mobility; retirement;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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