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Journal of Labor Economics Vol. 12 No. 2 1994

Trends in Labor Force Transitions of Older Men and Women

Franco Peracchi; Finis Welch

open access

Abstract

We use the Current Population Survey to describe what we believe are the most salient aspects of labor force behavior of older men and women during the last 2 decades. First, we show that early retirement has increased dramatically, and this trend continued through the 1980s. Second, we show that the factors that most sharply distinguish propensities toward early retirement are those usually associated with low wages. Third, we show that trends in reduced participation for older men parallel those for younger men, while a pattern of increasing female participation is to be expected given the behavior of younger cohorts.

DOI
10.1086/298356
Volume
12
Issue
2
Pages
210-242
Language
en
Sources
openalex crossref

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