Determinants of the Labour Force Status of the Aged.

The determinants of the labor force status of the aged are investigated using surveys of individuals undertaken in Sydney, Adelaide, and Melbourne during 1981. The explanatory variab les used in the probability models of the labor-force status comprise both socio-demographic and economic variables. Economic variables, i ncluding wealth proxies, pension eligibility, and the wage rate, are shown to be very important determinants of the labor-force status of the aged. Copyright 1987 by The Economic Society of Australia.