Publication: Labor Market Participation and Postponed Retirement in Central and Eastern Europe
Date
2019-04
ISSN
Published
2019-04
Author(s)
Gal, Robert I.
Radó, Márta
Abstract
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.
Citation
“Gal, Robert I.; Radó, Márta. 2019. Labor Market Participation and Postponed Retirement in Central and Eastern Europe; Labor Market Participation and Postponed Retirement in Central and Eastern Europe. Social Protection and Jobs Discussion Paper,no. 1915;. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/31632 License: CC BY 3.0 IGO.”