Working Life Expectancy at Age 50 in the United States and the Impact of the Great Recession.
A key concern about population aging is the decline in the size of the economically active population. Working longer is a potential remedy. However, little is known about the length of working life and how it relates to macroeconomic conditions. We use the U.S. Health and Retirement Study for 1992-...
| Published in: | Demography (Springer Nature) Vol. 54; no. 6; pp. 2101 - 2124 |
|---|---|
| Main Authors: | , |
| Format: | journal article |
| Published: |
Springer Nature
Dec2017
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=126418615&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 126418615 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00703370 DEM jtl: Demography (Springer Nature) issn: 00703370 maglogo: N pubinfo: dt: Dec2017 vid: 54 iid: 6 pid: 237 pub: Springer Nature artinfo: ui: 126418615 10.1007/s13524-017-0619-6 ppf: 2101 ppct: 23 formats: fmt: @attributes: type: P size: 669KB tig: atl: Working Life Expectancy at Age 50 in the United States and the Impact of the Great Recession. aug: au: Dudel, Christian Myrskylä, Mikko Myrskylä, Mikko affil: Max Planck Institute for Demographic Research , Konrad-Zuse-Str. 1 18057 Rostock Germany Max Planck Institute for Demographic Research, Konrad-Zuse-Str. 1, 18057, Rostock, Germany Department of Social Policy, London School of Economics and Political Science, London, UK Department of Social Research, University of Helsinki, Helsinki, Finland su: United States Productive life span Age & employment Macroeconomics Demography Economics Employment Ethnic groups Life expectancy Mortality Retirement White people Women employees Educational attainment Great Recession, 2008-2013 Life tables American women Probability theory Statistics sug: subj: Productive life span Age & employment Macroeconomics Demography Economics Employment Ethnic groups Life expectancy Mortality Retirement White people Women employees Educational attainment United States Great Recession, 2008-2013 Life tables American women Probability theory Statistics keyword: Great Recession Health and Retirement Study Multistate life table Working life expectancy Great Recession Health and Retirement Study Multistate life table Working life expectancy ab: A key concern about population aging is the decline in the size of the economically active population. Working longer is a potential remedy. However, little is known about the length of working life and how it relates to macroeconomic conditions. We use the U.S. Health and Retirement Study for 1992-2011 and multistate life tables to analyze working life expectancy at age 50 and study the impact of the Great Recession in 2007-2009. Despite declines of one to two years following the recession, in 2008-2011, American men aged 50 still spent 13 years, or two-fifths of their remaining life, working; American women of the same age spent 11 years, or one-third of their remaining life, in employment. Although educational differences in working life expectancy have been stable since the mid-1990s, racial differences started changing after the onset of the Great Recession. Our results show that although Americans generally work longer than people in other countries, considerable subpopulation heterogeneity exists. We also find that the time trends are fluctuating, which may prove troublesome as the population ages. Policies targeting the weakest performing groups may be needed to increase the total population trends. pubtype: Academic Journal doctype: journal article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|