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Retirement effects of heavy job demands

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  • Henseke, Golo

Abstract

This study focuses on the influence of heavy job demands on retirement, using the available SHARE waves. Heavy job demands may have a direct and health mediated effect on individual retirement. An econometric challenge is the dynamic self-selection of workers into jobs. The main findings indicate: the frequency of heavy job demands is higher among workers with low levels of socioeconomic status. Heavy job demands are associated with on average higher retirement probabilities, once workers become eligible to pension benefits. The effect is driven by long-term exposure to heavy job demands during the career. There are overall no retirement effects in the age bracket 50-58 and thus no indication for strong adverse health effects. A change in the level of current job demands does not influence the subsequent probability of retirement.

Suggested Citation

  • Henseke, Golo, 2011. "Retirement effects of heavy job demands," Thuenen-Series of Applied Economic Theory 118, University of Rostock, Institute of Economics.
    • Handle: RePEc:zbw:roswps:118
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    2. Zwick, Thomas & Bruns, Mona & Geyer, Johannes & Lorenz, Svenja, 2022. "Early retirement of employees in demanding jobs: Evidence from a German pension reform," The Journal of the Economics of Ageing, Elsevier, vol. 22(C).

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    More about this item

    Keywords

    Health; job demands; selection bias;
    All these keywords.

    JEL classification:

    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation

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