Unanticipated consequences: a comparison of expected and actual retirement timing among older women

The present study adds to the growing body of literature on women and retirement by means of a comparative analysis of the factors associated with anticipated retirement timing (among pre-retirees) and actual retirement timing (among retirees). Adopting a political economy of aging perspective, we argue that socially-structured patterns of gender inequality related to women's multiple roles across the life course affect patterns of retirement timing. Specifically, we hypothesize that the gendered nature of women's work-retirement decision-making is unanticipated during pre-retirement years. Logistic regression analyses are performed on data drawn from a sample of 275 women aged 45 and older living in the Vancouver area of British Columbia. A central finding is that while actual timing of retirement is affected by family caregiving responsibilities and by health/stress factors, pre-retirees do not perceive these to be important in their own expected retirement timing. Implications for social policy, education, and women's financial and psychological well-being in old age are elaborated.     

Women and retirement planning: towards the "feminization of poverty" in an aging Hong Kong

Hong Kong's population is aging but retirement research is largely missing from the research agenda in Hong Kong. This study, based on a telephone survey of 1,078 respondents, examines middle-aged adult's retirement planning activities in Hong Kong. The findings show men are more likely to be involved in financial planning, while women are more likely to take part in some forms of health, living arrangement and psychological planning for retirement. Further, there are age, education and income differences in the various forms of retirement planning activities within genders. Women are living longer; because of their lack of financial retirement planning, they are prime candidates for poverty. The discussion concludes with policy implications related to assisting midlife individuals, in particular women, in planning for retirement.     

Parental retirement timing: the role of unanticipated events in the lives of adult children

Although anecdotal evidence of older parents postponing retirement to financially support their grown children is common, the empirical evidence is scarce. In this paper, we use data from the 1992 to 2010 waves of the Health and Retirement Study to identify a broad set of pivotal events in the lives of adult children. First, we determine whether these events affect subsequent financial transfers from parents to children over multiple years. Next, we determine whether those events that result in subsequent transfers also shift parental retirement expectations. Finally, we quantify the impact of the unexpected children’s events on retirement realizations, moving beyond the correlational analyses in prior literature. Our findings show that a child’s move out of a parental home decreases both expectations and realizations of working after age 65. The magnitude of this effect is similar to that of an own health shock experienced during pre-retirement years.     

The dimensions of poverty

The nature of ‘poverty’ is examined in relation to a model of causes affecting the welfare of a community. It is suggested that one can operationally distinguish four major dimensions of poverty, namely economic, social, political and legal poverty; and that one might in addition be able to characterise three further aspects, namely psychological, ideological and conceptual poverty. It is proposed that at least the first four aspects should be distinguished and explicitly named, thereby specifically characterising these different dimensions of ‘poverty’; and that this would serve a useful purpose in clarifying the nature of the problems faced by the community considered.     

The timing of entry into motherhood in Asia: A comparative perspective

Abstract This paper examines the determinants of age at first birth from an explicitly comparative perspective in the following Asian societies: Hong Kong, Indonesia, Malaysia, the Philippines, South Korea, Sri Lanka, Taiwan and Thailand. The key structural variables have the same (or similar) effects in each of the groups examined. Education through primary school and beyond has a strong delaying effect on age at first birth in all eight populations. Difference of rural-urban origin does not affect the timing of motherhood in any of these societies. We also find a remarkably strong effect of shared cultural heritage. All the Confucian groups tend to behave similarly, as do the Muslim and Hindu groups.     

Changes in widowhood and divorce and expected durations of marriage

A new interpretation of mathematical formulas developed by Keyfitz illustrates how the concept of entropy (H) can be applied to the analysis of marriage dissolution. The quantities H(divorce) and H(widowhood) indicate the changes in marriage duration which would result from small, constant changes in duration-specific divorce and widowhood rates, respectively. An examination of values for the United States, Nepal and Colombia illustrates the utility of H(i) in assessing the impact of changes in widowhood and divorce and clarifies the relationship between H and changes in life expectancy.     

The long-term effect of childhood poverty

This paper uses variation among siblings to identify the consequences of childhood poverty on both labour and marriage market outcomes. In the labour market, individuals who experienced childhood poverty are found to have lower earnings and lower labour market attachment and to have worse jobs both vertically in terms of low-paying industries and horizontally in terms of job positions. In the marriage market, childhood poverty is found to have negative consequences for the probability of marriage, cohabitation, and having children around the age of 30. The effect sizes are found to exhibit an inverse u-shape in the age of the child, peaking during adolescence. Results on educational choices suggest that the mechanisms behind these results can be that childhood poverty affects the skill formation, networks, and decision making of the child.     

Measuring years of inactivity,years in retirement,time to retirement,and age at retirement within the Markov model

Retirement-related concepts are treated as random variables within Markov process models that capture multiple labor force entries and exits. The expected number of years spent outside of the labor force, expected years in retirement, and expected age at retirement are computed—all of which are of immense policy interest but have been heretofore reported with less precisely measured proxies. Expected age at retirement varies directly with a person’s age; but even younger people can expect to retire at ages substantially older than those commonly associated with retirement, such as age 60, 62, or 65. Between 1970 and 2003, men allocated most of their increase in life expectancy to increased time in retirement, but women allocated most of their increased life expectancy to labor force activity. Although people can exit and reenter the labor force at older ages, most 65-year-old men who are active in the labor force will not reenter after they eventually exit. At age 65, the probability that those who are inactive will reenter the labor force at some future time is .38 for men and .27 for women. Life expectancy at exact ages is decomposed into the sum of the expected time spent active and inactive in the labor force, and also as the sum of the expected time to labor force separation and time in retirement.     

The dynamics of child poverty in Sweden

This paper studies the dynamics of child poverty in Sweden. We find that one out of every five children is disposable income poor at least once during childhood, while only 2% are chronically poor. Children in Sweden are protected economically from many serious events such as parental sickness and death. Family dissolution and parental unemployment do push some children into poverty. However, these poverty spells are mostly temporary. Single mothers, for example, are overrepresented among the poor but not among the chronically poor. Children with immigrant parents are strongly overrepresented among the chronically poor.     

Investigating the mechanism of marital mortality reduction: The transition to widowhood and quality of health care

While it is well known that the widowed suffer increased mortality risks, the mechanism of this survival disadvantage is still under investigation. In this article, we examine the quality of health care as a possible link between widowhood and mortality using a unique data set of 475,313 elderly couples who were followed up for up to nine years. We address whether the transition to widowhood affects the quality of care that individuals receive and explore the extent to which these changes mediate the elevated mortality hazard for the widowed. We analyze six established measures of quality of health care in a fixed-effect framework to account for unobserved heterogeneity. Caregiving and acute bereavement during the transition to widowhood appear to distract individuals from taking care of their own health care needs in the short run. However, being widowed does not have long-term detrimental effects on individuals’ ability to sustain contact with the formal medical system. Moreover, the short-run disruption does not mediate the widowhood effect on mortality. Nevertheless, long after spousal death, men suffer from a decline in the quality of informal care, coordination between formal and informal care, and the ability to advocate and communicate in formal medical settings. These findings illustrate women’s centrality in the household production of health and identify important points of intervention in optimizing men’s adjustment to widowhood.     

中国西部城市贫困问题研究--以甘肃省为例

城市贫困已成为我国现今城市发展中的一个突出问题。本文在对贫困相关概念界定的基础上,通过对我国西部地区城市贫困现状的分析,揭示出其产生和扩大的深刻原因并由此提出一系列可供选择的政策建议。     

The effect of retirement on health and mortality in the United States

Journal of Population Research - Cuba and Denmark represent states with different welfare models that have reached the same level of life expectancy. The purpose was to investigate and compare...     

Optimal age of retirement and population growth

The purpose of this paper is to study intergenerational optimal resources sharing when the social planer can choose the retirement age in addition to consumptions and investment. We use the extension of the Diamond analysis by Hu [1979] that incorporates endogenous retirement age. We found that the optimal retirement age is an increasing function of the population growth rate if the elasticity of substitution of old agents' labor for young agents' labor is lower than one. In the millian case, when the size of a population does not matter, and when the elasticity of substitution of old agents' labor for young agents' labor is strictly higher than one, the optimal retirement age is a decreasing function of the population growth rate. In the benthamite case, the change in the optimal retirement age is indeterminate. Received: 19 February 1999/Accepted: 27 February 2001 All correspondence to Bertrand Crettez. We would like to thank Jean-Pierre Vidal for very helpful comments on an earlier draft. An anonymous referee provided insightful comments on a previous version of this paper. Responsible editor: Alessandro Cigno.     

Individual and structural explanations of poverty

This article illustrates the difference between individual and structural accounts of poverty in the U.S. Some of the correlates of poverty among individuals are job loss, low skills, female family head, discrimination against blacks and hispanics, family size, and age at marriage. The structural factors producing a high rate of poverty are the reproduction of the class system, macroeconomic policies, the vicious circle of poverty, the structure of the electoral process, the structure of the economy, institutionalized gender discrimination, and institutionalized ethnic discrimination. Thus, the variables accounting for each phenomenon are different. A theoretical rationale for the relationship between social structure and rates of events is presented, and similarities between the approach used here and research in other disciplines are noted.     

The timing of maternity in the Netherlands

In this paper the timing of maternity is estimated by a hazard model. The novel aspect of this paper is that it is shown that wages and total household labor income have a significant effect on the timing of maternity. Both the wage rate of the woman and the wage rate of the husband have a negative effect on the timing of maternity. Total household labor income increases the probability of having a child at an earlier age. Calculated elasticities show that the timing of maternity is relatively elastic with respect to wage rates. However, the elasticities of the decision whether or not to have children altogether are much smaller. Women working in the labor market delay the timing of maternity compared to non-participating women. Attending school has the same effect. Until the age of 28 the maternity hazard increases with age, after that it decreases.We benefited from comments on previous drafts by Siv Gustafsson, Joop Hartog, Peter Kee, Herriette Maassen van den Brink, Eddie Mekkelholt, Joop Odink, Hessel Oosterbeek, Hans van Ophem, Gusta Renes, Andre Voskamp, two anonymous referees, and the Managing Editor of this Journal. This paper is a revised version of a paper presented at the third annual meeting of the European Society for Population Economics, Paris, June 1989. The usual disclaimer applies.     

The impact of men's and women's retirement on marital relations: a comparative analysis

The study examined whether men's and women's retirement have a differential impact on several aspects of marital life: Power relations (as reflected in decision-making), spousal resources, division of household tasks, and quality of marriage. Questionnaires were distributed to a sample of 519 pre-retired and retired Israelis. The findings indicate that in general, both men's and women's retirement have a similar impact on marital relations in all of the areas examined. No appreciable change in spousal resources was found after retirement, but there was evidence of change in decision-making patterns about spending time and carrying out feminine and general tasks. Retired respondents of both sexes reported fewer marital complaints than the pre-retired respondents, but also expressed less marital enjoyment. It was also found that men's retirement has a different impact than women's retirement on decisions about house-hold affairs and performance of feminine tasks. In addition, gender-based differences were found in several areas, irrespective of employment status. The women reported higher quality of marriage than did the men, and more resources for strengthening the family, whereas the men perceived themselves as making more decisions in the important areas of life, as more hardy, and as controlling the family's financial resources.     

The increasing risk of poverty across the American life course

This article extends the emerging body of life course research on poverty by empirically identifying the incidence, chronicity, and age pattern of American poverty and how these dimensions have changed during the period 1968-2000. Using the Panel Study of Income Dynamics, we construct a series of life tables that estimate the risk of poverty for adults during their 20s, 30s, 40s, 50s, 60s, and 70s, and compare these estimates for Americans in the 1970s, 1980s, and 1990s. Our empirical results suggest that the risk of acute poverty increased substantially, particularly in the 1990s. This observed increase was especially pronounced for individuals in their 20s, 30s, and 40s; for all age groups with respect to extreme poverty; and for white males. On the other hand, the risk of chronic poverty declined during the 1990s (as measured by the percentage of the poor who experienced five or more years of poverty within a 10-year interval). The results in this article tell a very different story than the Census Bureau's yearly cross-sectional rates, which have shown little overall change in the U.S. poverty rate during this 30-year period. In contrast, a life course approach reveals a rising economic risk of acute poverty for individuals, one that is consistent with recent observations and research suggesting that a growing number of Americans will eventually find themselves in an economically precarious position.     

The contribution of hour constraints to working poverty in Britain

We explore the implications of hours demand constraints on the propensity to experience poverty. Our analysis of British data suggests that whilst the extent of poverty increased over the period 1985–2001, its intensity, under some measures, declined. In terms of hours constraints, we find that even the most generous elimination of underemployment vis allowing workers to supply as many hours as they prefer (but not as few) without encountering any negative employment and/or hourly wage implications, leaves the poverty rate and poverty gap virtually unchanged.