Early Retirement Windows

Authors

• Charles Brown

Abstract

What happens to the employment status and earnings of workers who accept earlyretirement windows? Using data from the first six waves of HRS (1992-2002) I find that those who accepted window offers experience a sharp decline in employment – most do not go to work elsewhere. Those who do accept jobs elsewhere work fewer hours and receive significantly lower earnings per hour. Transitions to self-employment are more common among window acceptors than other workers.

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Project

• UM02-07: Early Retirement Windows Year 2

Paper ID

WP 2003-064

Publication Type

Working Paper

Publication Year

2003