Occupations and retirement across countries

Sauré, Philip, Seibold, Arthur, Smorodenkova, Elizaveta and Zoabi, Hosny (2025) Occupations and retirement across countries. Journal of the Economics of Ageing. p. 100561. ISSN 2212-828X (In Press)

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Abstract

We study the role of occupations for individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and retirement that is present across institutional settings. Finally, we find that occupational composition is an important predictor of aggregate retirement behavior across 45 countries. Our findings suggest that events affecting occupational structure, such as skill-biased technological change or international trade, can have consequences for aggregate retirement behavior and social security systems.

Item Type:	Article
Additional Information:	© 2025
Divisions:	Finance
Subjects:	H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HB Economic Theory H Social Sciences
JEL classification:	E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E24 - Macroeconomics: Employment; Unemployment; Wages; Intergenerational Income Distribution (includes wage indexation) H - Public Economics > H5 - National Government Expenditures and Related Policies > H55 - Social Security and Public Pensions J - Labor and Demographic Economics > J1 - Demographic Economics > J14 - Economics of the Elderly; Economics of the Handicapped J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J24 - Human Capital; Skills; Occupational Choice; Labor Productivity J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J26 - Retirement; Retirement Policies J - Labor and Demographic Economics > J8 - Labor Standards: National and International > J82 - Labor Force Composition
Date Deposited:	02 Apr 2025 09:24
Last Modified:	02 Apr 2025 09:42
URI:	http://eprints.lse.ac.uk/id/eprint/127787

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