Labor Market Participation and Postponed Retirement in Central and Eastern Europe

This paper shows that as the educational composition in the fifty-five to sixty-four year-old age bracket improved between the mid-1990s and the mid-2010s, the effective retirement age rose rapidly in the Central and Eastern European region. This i...

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Main Authors:	Gal, Robert I., Radó, Márta
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	PENSION REFORM RETIREMENT AGE LIFE EXPECTANCY LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS
Online Access:	http://documents.worldbank.org/curated/en/552541556884165435/Labor-Market-Participation-and-Postponed-Retirement-in-Central-and-Eastern-Europe http://hdl.handle.net/10986/31632

id	okr-10986-31632
recordtype	oai_dc
spelling	okr-10986-316322021-05-25T09:23:37Z Labor Market Participation and Postponed Retirement in Central and Eastern Europe Gal, Robert I. Radó, Márta PENSION REFORM RETIREMENT AGE LIFE EXPECTANCY LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS This paper shows that as the educational composition in the fifty-five to sixty-four year-old age bracket improved between the mid-1990s and the mid-2010s, the effective retirement age rose rapidly in the Central and Eastern European region. This increase was fast enough to keep life expectancies at the effective retirement age practically unchanged. In effect, the labor market absorbed all improvements in life expectancies in older working ages. The paper also shows that maintaining the current life expectancies at retirement over the next thirty years requires less effort in terms of further raising the effective retirement age than what the region achieved in this respect in the last fifteen years. 2019-05-06T21:19:57Z 2019-05-06T21:19:57Z 2019-04 Working Paper http://documents.worldbank.org/curated/en/552541556884165435/Labor-Market-Participation-and-Postponed-Retirement-in-Central-and-Eastern-Europe http://hdl.handle.net/10986/31632 English Social Protection and Jobs Discussion Paper,no. 1915; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Europe and Central Asia Eastern Europe
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	PENSION REFORM RETIREMENT AGE LIFE EXPECTANCY LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS
spellingShingle	PENSION REFORM RETIREMENT AGE LIFE EXPECTANCY LABOR MARKET LABOR FORCE PARTICIPATION DEMOGRAPHICS Gal, Robert I. Radó, Márta Labor Market Participation and Postponed Retirement in Central and Eastern Europe
geographic_facet	Europe and Central Asia Eastern Europe
relation	Social Protection and Jobs Discussion Paper,no. 1915;
description	This paper shows that as the educational composition in the fifty-five to sixty-four year-old age bracket improved between the mid-1990s and the mid-2010s, the effective retirement age rose rapidly in the Central and Eastern European region. This increase was fast enough to keep life expectancies at the effective retirement age practically unchanged. In effect, the labor market absorbed all improvements in life expectancies in older working ages. The paper also shows that maintaining the current life expectancies at retirement over the next thirty years requires less effort in terms of further raising the effective retirement age than what the region achieved in this respect in the last fifteen years.
format	Working Paper
author	Gal, Robert I. Radó, Márta
author_facet	Gal, Robert I. Radó, Márta
author_sort	Gal, Robert I.
title	Labor Market Participation and Postponed Retirement in Central and Eastern Europe
title_short	Labor Market Participation and Postponed Retirement in Central and Eastern Europe
title_full	Labor Market Participation and Postponed Retirement in Central and Eastern Europe
title_fullStr	Labor Market Participation and Postponed Retirement in Central and Eastern Europe
title_full_unstemmed	Labor Market Participation and Postponed Retirement in Central and Eastern Europe
title_sort	labor market participation and postponed retirement in central and eastern europe
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/552541556884165435/Labor-Market-Participation-and-Postponed-Retirement-in-Central-and-Eastern-Europe http://hdl.handle.net/10986/31632
_version_	1764474812473802752

Labor Market Participation and Postponed Retirement in Central and Eastern Europe

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