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Source: Department of Human Development and Family, Penn State University
Resulting in 1 citation.
1. Malone, Sarah Q.
Effect of Change in Industrial Structure on the Early Retirement of American Men
Mimeo, Department of Human Development and Family Studies, The Pennsylvania State University, 1988
Cohort(s): Older Men
Publisher: Department of Human Development and Family Studies, The Pennsylvania State University
Keyword(s): Assets; Business Cycles; Health Factors; Income; Industrial Sector; Occupations; Pensions; Retirement

Permission to reprint the abstract has not been received from the publisher.

Decline of employment opportunities and rise of early retirement inducements in some industrial sectors may be forcing older men to leave the labor force in growing numbers. The effect of sectoral decline on likelihood of early retirement was tested using data from the 1980, 1981, and 1983 waves of the NLS Older Men's cohort, along with employment data by three-digit industry compiled from County Business Patterns for the years 1977 through 1983. A variable representing employment trend in a respondent's industry in his census division was included in a model predicting the early retirement decision including age, health limits, being vested in a pension plan, assets, marital status and dependents, and race. The variable was found to slightly enhance the probability of withdrawal from the labor force, other things equal. Further research may suggest that policymaking should be directed at accommodating this and other inevitable effects of a changing economy.
Bibliography Citation
Malone, Sarah Q. "Effect of Change in Industrial Structure on the Early Retirement of American Men." Mimeo, Department of Human Development and Family Studies, The Pennsylvania State University, 1988.