Occupations Shape Retirement across Countries

Arbeitspapier

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement ages, indicating an inherent association between occupations and retirement that is present across institutional settings. Finally, we find that occupational composition is highly predictive of aggregate retirement behavior across 45 countries. Our findings suggest that events affecting occupational structure, such as skill-biased technological change or international trade, have consequences for aggregate retirement behavior and social security systems.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 10365

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Social Security and Public Pensions ; Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Retirement; Retirement Policies ; Labor Standards: Labor Force Composition
• Subject: retirement ; occupational distribution ; cross-country analysis

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Sauré, Philip ; Seibold, Arthur ; Smorodenkova, Elizaveta ; Zoabi, Hosny
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2023

Further information

• Handle: http://hdl.handle.net/10419/272009
• Last update: 10.03.2025, 11:44 AM CET