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Dora Costa, The Evolution of Retirement, University of Chicago Press, 1998

Early Retirement: The End of an Era? Joseph Quinn Department of Economics Boston College Northeastern University Open Classroom 9 February 2011.

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Dora Costa, The Evolution of Retirement, University of Chicago Press, 1998

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  1. Early Retirement: The End of an Era?Joseph QuinnDepartment of EconomicsBoston CollegeNortheastern UniversityOpen Classroom9 February 2011

  2. Early Retirement: The End of an Era?Joseph QuinnDepartment of EconomicsBoston CollegeBEANPOT - GO EAGLES!! Northeastern UniversityOpen Classroom9 February 2011

  3. Dora Costa, The Evolution of Retirement, University of Chicago Press, 1998 Labor force participation rates of men aged 65+ and 55-64

  4. Labor Force Participation Rates: Men, by age Source: BLS

  5. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  6. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  7. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  8. Labor Force Participation Rates: Actual and Fitted Values, 1964-1985

  9. The New Retirement Environment What Changed since mid-1980s? .

  10. The New Retirement Environment What Changed since mid-1980s? Almost everything!.

  11. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recently

  12. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recently Mandatory retirement outlawed

  13. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recentlyMandatory retirement outlawed.Social Security incentives

  14. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentives

  15. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and health

  16. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobs

  17. The New Retirement Environment What Changed since mid-1980s? Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technology

  18. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technologyPost-retirement health insurance coverage

  19. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technologyPost-retirement health insurance coverageSocial Security benefit cuts …

  20. The New Retirement Environment What Changed since mid-1980s? .Strong economy -- until recentlyMandatory retirement outlawedSocial Security incentivesEmployer pension incentivesLongevity and healthThe nature of jobsImproved technologyPost-retirement health insurance coverageSocial Security benefit cuts …… although they are rarely described that way

  21. Labor Force Participation Rates: Actual and Fitted Values, 1964 – 2009

  22. Labor Force Participation Rates: Actual and Fitted Values, 1964-2009

  23. Labor Force Participation Rates: Men, By Age Source: BLS

  24. Labor Force Participation Rates: Men, By Age Source: BLS

  25. Labor Force Participation Rates: Actual and Fitted Values, 1964 – 2009

  26. Labor Force Participation Rates: Actual and Fitted Values, 1964 – 2009

  27. Labor Force Participation Rates: Women, By Age Source: BLS

  28. Labor Force Participation Rates: Women, By Age Source: BLS

  29. Joseph F. Quinn Department of Economics Boston College Chestnut Hill, MA 02467 joseph.quinn@bc.edu

  30. Average Annual Change in Labor Force Participation Rate 1965 - 1985 and 1985 - 2009Females, by Individual Age

  31. Average Annual Change in Labor Force Participation Rate 1965 - 1985 and 1985 - 2009Males, by Individual Age

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