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Retirement Timing and Social Stratification - A Comparative Study of Labor Market Exit and Age Norms in Western Europe (Hardcover)
Loot Price: R3,368
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Retirement Timing and Social Stratification - A Comparative Study of Labor Market Exit and Age Norms in Western Europe (Hardcover)
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The monograph disseminates the very topical issue of retirement and
its timing as the key to one of the greatest challenges facing
ageing societies. Postponing retirement is now almost universally
regarded as indispensable in order to relieve European welfare
states from the demography-related financial pressures. This
seminal study, derived from a statistical analysis of a large-scale
survey data, provides a thorough understanding of the micro- and
macro-level determinants of retirement timing in contemporary
Western Europe. The book is the first monograph to combine the
analysis of the retirement attitudes with the analysis of the
retirement behaviour within one research. It tackles the question
as to whether early retirement can be explained by "early exit
culture", triangulating life course theory with a social
stratification approach. The author used a novel and innovative
approach to obtain the results. The methodology includes: tobit
models of proscriptive age norms; simulations of the impact of
class structure on a country's average retirement age; competing
risks models of different work-exit modalities; duration selection
models of retirement timing.
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