Do good working conditions make you work longer? Evidence on retirement decisions using linked survey and register data

Working Papers 315 Petri Böckerman, Pekka Ilmakunnas

We analyze the potential role of adverse working conditions and management practices in
the determination of employees’ retirement behavior. Our data contain both comprehensive
information regarding perceived job disamenities, job satisfaction, and intentions to retire
from nationally representative cross-sectional surveys and information on employees’ actual
retirement decisions from longitudinal register data that can be linked to the surveys. Using
a trivariate ordered probit model, we observe that job dissatisfaction arising from adverse
working conditions is significantly related to intentions to retire, and this in turn is related to
actual retirement during the follow-up period.


Julkaistu: 29.8.2017
ISBN: 978-952-209-165-9 (pdf)
ISSN: 1795-1801 (pdf)