The relationship between retirement life cycle changes and older men's labor force participation rates

M. D. Hayward, E. M. Crimmins, L. A. Wray

Research output: Contribution to journalArticle

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Abstract

This study probes the utility of older men's labor force participation rates (LFPRs) as indicators of the work-to-retirement transition. Specific attention is directed at how shifts in the retirement life cycle are related to LFPRs. Based on Current Population Survey data for the 1970s, a life table modeling approach showed that LFPRs are relatively weak indicators of the work-to-retirement transition. This was demonstrated by the relative stability in older men's age profiles of LFPRs despite significant changes in the timing and 'organization' of the work-to-retirement transition. The 1970s evidenced a contraction of the main career and the expansion of both post- retirement work activity and retirement, yet none of these changes substantially altered the age profiles of older men's labor force participation rates.

Original languageEnglish (US)
Pages (from-to)S219-S230
JournalJournals of Gerontology
Volume49
Issue number5
DOIs
Publication statusPublished - Jan 1 1994

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All Science Journal Classification (ASJC) codes

  • Aging

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