Do good working conditions make you work longer?: Analyzing retirement decisions using linked survey and register data

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openAccess

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Journal Title

Journal ISSN

Volume Title

A1 Alkuperäisartikkeli tieteellisessä aikakauslehdessä

Date

2020-10

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Mcode

Degree programme

Language

en

Pages

11

Series

JOURNAL OF THE ECONOMICS OF AGEING, Volume 17

Abstract

We analyzed the role of adverse working conditions and new management practices in the determination of employees’ retirement behavior. The combined data contain both comprehensive information on perceived job disamenities, job satisfaction, and intentions to retire from two nationally representative cross-sectional surveys and information on employees’ actual retirement decisions from longitudinal register data that can be linked to the surveys. Using a trivariate ordered probit model, we find that job dissatisfaction arising from adverse working conditions is significantly related to intentions to retire and that this, in turn, is related to actual retirement during an extensive follow-up period.

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Keywords

Job satisfaction, New management practices, Retirement, Working conditions

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Citation

Böckerman, P & Ilmakunnas, P 2020, ' Do good working conditions make you work longer? Analyzing retirement decisions using linked survey and register data ', Journal of the Economics of Ageing, vol. 17, 100192 . https://doi.org/10.1016/j.jeoa.2019.02.001