Early Retirement Windows

Charles Brown

Working Papers from University of Michigan, Michigan Retirement Research Center

Abstract: What happens to the employment status and earnings of workers who accept earlyretirement windows? Using data from the first six waves of HRS (1992-2002) I find that those who accepted window offers experience a sharp decline in employment - most do not go to work elsewhere. Those who do accept jobs elsewhere work fewer hours and receive significantly lower earnings per hour. Transitions to self-employment are more common among window acceptors than other workers.

Pages: 12 pages
Date: 2003-12
New Economics Papers: this item is included in nep-lab
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Working Paper: Early Retirement Windows (2002)
Working Paper: Early Retirement Windows
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