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. 2008;156(2):113-144.
doi: 10.1007/s10645-008-9086-1.

GRADUAL RETIREMENT: PREFERENCES AND LIMITATIONS

Tunga Kantarci, Arthur VAN Soest

GRADUAL RETIREMENT: PREFERENCES AND LIMITATIONS

Tunga Kantarci et al. Economist (Leiden). 2008.

Abstract

In the traditional retirement scenario, individuals work full-time or part-time until a given age, and then stop working abruptly. From the individual's point of view, it seems more attractive to have a smooth transition, with gradual retirement. In Sweden and other European countries, specific gradual retirement programs have been created in the past 20 years, first in combination with early retirement programs and later to increase labour market participation of older workers. This paper surveys the existing literature on gradual retirement in the US and Europe and analyzes the relevance of gradual retirement in the Netherlands as a tool to keep people employed longer.

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Figures

Figure 1
Figure 1
Employment Rates. Source: Enquete Beroepsbevolking, Statistics Netherlands; 80,000 to 120,000 observations for each cross section. The variable is not available for the year 1991. Observations are weighted with cross sectional weights. The percentages represent the share of working population in the total of those working, unemployed or not belonging to the labor force.
Figure 2
Figure 2
Employees working 1-35 hours. Source: Enquete Beroepsbevolking, Statistics Netherlands; about 60,000 obervations for each cross-section. Observations are weighted with cross sectional weights. The percentages represent the share of those working 1-35 hours in those working any number of hours.
Figure 3
Figure 3
Employees desiring to work 1-35 hours. Source: Enquete Beroepsbevolking, Statistics Netherlands; 5,000 to 9,000 observations for each cross section. Observations are weighted with cross sectional weights. The variable is not available for 2000 and for before 1991. The percentages represent the share of those who desire to work 1-35 hours in those who desire to work any number of hours.
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