Educational policymakers have long been concerned that baby booms and busts alternately cause shortages and surpluses in academic labor markets. These concerns have been supported by models which purport to forecast the effects of change in cohort size on the academic labor market. In this paper...

A multiple skill model (MSM) of labor inputs in production functions is presented in this paper. Previous researchers have aggregated workers into a small number of categories along various demographic dimensions in a fashion that is arbitrary and inconsistent across studies. The MSM, of which...

This study focuses on factors related to an older worker's decision to accept a pension and on how this influences subsequent market work. A life-cycle model is used which emphasizes the asset nature of the pension decision and in particular includes changes in potential earnings streams due to...

In this paper we argue that mandatory retirement is only one aspect of a much broader system that influences an individual's retirement decision. We look at responses over time to variations in mandatory retirement rules faced by a sample of private-sector workers aged 62-64 in 1973. This is...

Traditional empirical models of retirement which use a self-assessed health measure have often found that the wage rate has a surprisingly small effect on retirement. Using both a self-reported health measure and one not based on self-report (subsequent mortality experience) in a more general...

Using data from the 1978 Survey of Disability and Work and the 1992 Health and Retirement Study, we test the importance of accommodation and other policy variables on the timing of application for Social Security Disability Insurance benefits following the onset of a work-limiting condition. We...