Labor Market Participation and Postponed Retirement in Central and Eastern Europe / Robert I Gal
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: World Bank E-Library Archive | Social Protection and Labor Discussion PapersPublisher: Washington, D.C : The World Bank, 2019Description: 1 Online-RessourceDOI: DOI: 10.1596/31632Online resources: Summary: This paper shows that as the educational composition in the fifty-five to sixty-four year-old age bracket improved between the mid-1990s and the mid-2010s, the effective retirement age rose rapidly in the Central and Eastern European region. This increase was fast enough to keep life expectancies at the effective retirement age practically unchanged. In effect, the labor market absorbed all improvements in life expectancies in older working ages. The paper also shows that maintaining the current life expectancies at retirement over the next thirty years requires less effort in terms of further raising the effective retirement age than what the region achieved in this respect in the last fifteen yearsPPN: PPN: 1774306840Package identifier: Produktsigel: ZDB-1-WBANo physical items for this record