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Trends and determinants of work-retirement transitions under changing institutional conditions : Germany, England and Japan compared
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Hofacker, Dirk, Schroder, Heike, Li, Yuxin and Flynn, Matthew (2016) Trends and determinants of work-retirement transitions under changing institutional conditions : Germany, England and Japan compared. Journal of Social Policy, 45 (1). pp. 39-64. doi:10.1017/S004727941500046X ISSN 0047-2794.
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Official URL: http://dx.doi.org/10.1017/S004727941500046X
Abstract
Many governments world-wide are promoting longer working life due to the social and economic repercussions of demographic change. However, not all workers are equally able to extend their employment careers. Thus, while national policies raise the overall level of labour market participation, they might create new social and labour market inequalities. This paper explores how institutional differences in the United Kingdom, Germany and Japan affect individual retirement decisions on the aggregate level, and variations in individuals’ degree of choice within and across countries. We investigate which groups of workers are disproportionately at risk of being ‘pushed’ out of employment, and how such inequalities have changed over time. We use comparable national longitudinal survey datasets focusing on the older population in England, Germany and Japan. Results point to cross-national differences in retirement transitions. Retirement transitions in Germany have occurred at an earlier age than in England and Japan. In Japan, the incidence of involuntary retirement is the lowest, reflecting an institutional context prescribing that employers provide employment until pension age, while Germany and England display substantial proportions of involuntary exits triggered by organisational-level redundancies, persistent early retirement plans or individual ill-health.
Item Type: | Journal Article | ||||||
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Divisions: | Faculty of Social Sciences > Institute for Employment Research | ||||||
Journal or Publication Title: | Journal of Social Policy | ||||||
Publisher: | Cambridge University Press | ||||||
ISSN: | 0047-2794 | ||||||
Official Date: | January 2016 | ||||||
Dates: |
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Volume: | 45 | ||||||
Number: | 1 | ||||||
Page Range: | pp. 39-64 | ||||||
DOI: | 10.1017/S004727941500046X | ||||||
Status: | Peer Reviewed | ||||||
Publication Status: | Published | ||||||
Access rights to Published version: | Restricted or Subscription Access |
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