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Job Quality and Employment of Older People in Europe
- We would like to thank the Austrian FWF for funding of the ‘Center for Labor Economics and the Welfare State’ and Sciences Po in Paris for hospitality. SHARE data collection has been primarily funded by the European Commission through the 5th and 6th framework program (QLK6-CT-2001-00360 SHARE-I3, RII-CT-2006-062193, COMPARE, CIT5-CT-2005-028857). Additional Funding as a project in Priority 7, Citizens and Governance in a Knowledge Based Society, and SHARE-LIFE (CIT4-CT-2006-028812) and through the 7th framework program [SHARE-PREP (No. 211909) and SHARE-LEAP (No. 227822)] is gratefully acknowledged. Substantial co-funding for add-ons such as the intensive training program for SHARE interviewers came from the US National Institute on Aging (U01 AG09740-13S2, P01 AG005842, P01 AG08291, P30 AG12815, R21 AG025169, Y1-AG-4553-01, IAG BSR06-11, and OGHA 04-064) as well as other national Funds.
Abstract
We study the relationship between job quality and retirement using data from the Survey of Health, Ageing and Retirement in Europe, a longitudinal survey covering individuals aged 50+ in several European countries. Although most previous studies looked at the impact of bad working conditions on retirement intentions, we can use the panel dimension to study actual retirement as well as other pathways out of a job. As indicators for job quality we use three different approaches: overall job satisfaction, over- and undereducation for a particular job as well as effort–reward imbalance, which measures the imbalance between a worker's effort and the rewards he or she receives in turn. The analysis gives some evidence that poor job quality decreases retirement age, in particular for women.