Working after age 50 in Spain. Is the trend towards early retirement reversing?
Gómez-León, Madelín (University of Southampton. ESRC Centre for Population Change)
Miret, Pau, 1964- (Centre d'Estudis Demogràfics)

Date:	2014
Abstract:	As the baby boom cohort approaches retirement, there has been considerable uncertainty about the economic sustainability of the social security systems in most of the developed world. In recent decades, Spain has had both one of the oldest populations and the lowest levels of employment among the population aged 50 and over in Europe. This article addresses these issues by investigating the relationship between ageing and labour participation in the adult population. We examine the changes in employment exit patterns among men and women between 1999 and 2012, and the factors which influence early retirement, using the Spanish Labour Force Survey (panel dataset). We found clear gender effects in retirement behaviour in terms of the shares of the population who were not working and the predictors of early retirement. The partner is shown to be more relevant in the retirement timing decisions of men, while dependents are found to be more relevant in the decisions of women. Moreover, the likelihood of exiting the labour market early appears to be decreasing among women, and increasing among men.
Grants:	Ministerio de Economía y Competitividad CS02010-21028/SOCI Ministerio de Economía y Competitividad CSO2013-48042-R
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Language:	Anglès
Document:	Article ; recerca ; Versió publicada
Subject:	Baby boom ; Spain ; Social security system ; Early retirement ; Spanish labour force
Published in:	Vienna Yearbook of Population Research, Vol. 12 (2014) , p. 115-140, ISSN 1728-5305

DOI: 10.1553/populationyearbook2014s115

26 p, 441.2 KB

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Research literature > UAB research groups literature > Research Centres and Groups (research output) > Social and Legal Sciences > Centre for Demographic Studies (CED-CERCA)
Articles > Research articles
Articles > Published articles