This domain chapter is dedicated to summarize research on the effects of labour market contextual factors on labour market participation of older workers (aged 50+) and identify research gaps. While employment participation and the timing of (early) retirement is often modelled as an individual decision, the opportunities for employment in the late career and the restrictions that employees face are largely shaped by labour market related factors, such as labour market regulations, labour market policies or age discrimination. Of special importance is the pension system. Is there a fixed retirement age? How does the pension vary with the retirement age? Does the pension age differ between different groups?
|Title of host publication||Understanding employment participation of older workers: Creating a knowledge base for future labour market challenges|
|Subtitle of host publication||Research Report|
|Editors||H.M. Hasselhorn, W. Apt|
|Place of Publication||Berlin|
|Publication status||Published - Feb 2015|
- labour market