Working Paper: NBER ID: w24874
Authors: Kevin S. Milligan; Tammy Schirle
Abstract: We explore recent trends in the labour force participation rates of men aged 55-69 in Canada. Following steady declines in participation until the mid-1990s, the participation rates of older men have increased substantially and have reached historically high rates among those aged 65-69. We consider various factors that may influence the participation rates of older men and suggest that improvements in health, higher education, and increased attachment of older wives to the labour market are likely important factors driving recent trends in older men’s participation in Canada.
Keywords: labor force participation; older men; Canada; public pensions; health improvements; education
JEL Codes: J14; J26
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
Cause | Effect |
---|---|
Health Improvements (I19) | Labor Force Participation Rates of Older Men (J26) |
Higher Education (I23) | Labor Force Participation Rates of Older Men (J26) |
Increased Labor Market Attachment of Older Wives (J29) | Labor Force Participation Rates of Older Men (J26) |
Higher Education (I23) | Earlier Retirements (J26) |
Higher Education (I23) | Continued Employment (J63) |
Health Improvements (I19) | Employment Levels from 1995 (J23) |