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. 2014 Dec 25;12(1):17-28.
doi: 10.1007/s10433-014-0326-8. eCollection 2015 Mar.

"I want to break free". The role of working conditions on retirement expectations and decisions

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"I want to break free". The role of working conditions on retirement expectations and decisions

Chiara Dal Bianco et al. Eur J Ageing. .

Abstract

We investigate the role of working conditions on the desire to retire as soon as possible and on the probability of transition from employment to either full or partial retirement, using different measures of work quality. We find that low work quality strongly correlates with the desire to retire as soon as possible of "young-old" workers. This might be explained by the deterioration of employer-employee match with age due to reduced incentives for firms to invest in training and work practises that enhance workability of their senior workers. When we move from intentions to decisions, the role of work quality is less clear-cut and it mainly plays a role in the transitions from employment to full retirement.

Keywords: Intended early retirement; Retirement; SHARE; Work quality.

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Figures

Fig. 1
Fig. 1
Correlation between job satisfaction and desire to retire ASAP (left panel raw data; right panel net of sampling differences). Source SHARE wave 1, 2 and 4
Fig. 2
Fig. 2
Average years of early retirement and effort-reward ratio by country. Source SHARE wave 1, 2, 4 and SHARELIFE
Fig. 3
Fig. 3
Correlation between employment rates and high job satisfaction by country and gender. Source SHARE wave 1, 2 and 4 and Eurostat

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