Dynamic Retirement Patterns and the Duration of Working Life.

Autor: Hui-chen Wang, Ming-Feng Hsieh
Předmět:
Zdroj: Journal of Social Sciences & Philosophy; Mar2023, Vol. 35 Issue 1, p155-208, 54p
Abstrakt: This study investigates dynamic retirement patterns in Taiwan using longitudinal data. We identify two forms of transitional behaviors referred to as "phased retirement": (1) the arrangement of work reduction before retiring from a job, and (2) the presence of "bridge employment" after a declared retirement. The determinants of these transitional behaviors are estimated with logistic models. Earned income and occupational attributes are found to be persistently relevant in predicting both behaviors, while gender does not seem relevant. Health and spousal attributes have significant effects on the behavior of bridge employment but not on pre-retirement work reduction. We further explore the association between phased retirement behaviors and the duration of working life using the Cox proportional hazard model, and bridge employment appears to be an effective means to extend working life. However, we did not find a positive association between within-job phased retirement and the length of working life. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index