Chapter

Any Way out of ‘Exit from Work’? Reversing the Entrenched Pathways of Early Retirement

Bernhard Ebbinghaus

in Welfare and Work in the Open Economy Volume II: Diverse Responses to Common Challenges in Twelve Countries

Published in print September 2000 | ISBN: 9780199240920
Published online November 2003 | e-ISBN: 9780191600180 | DOI: http://dx.doi.org/10.1093/0199240922.003.0011
 Any Way out of ‘Exit from Work’? Reversing the Entrenched Pathways of Early Retirement

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After the first oil‐price crisis, many (but not all) OECD countries used early retirement as an adaptation to industrial restructuration, mass unemployment, the social needs of older workers, and the employment needs of young and female job seekers. As the costs of an increasingly inactive population rose, however, while expected employment effects failed to materialize, reformers sought to reverse the course of ‘welfare without work’. Besides blocking the pathways of early retirement, disability, and long‐term unemployment, welfare states are now stressing new forms of part‐time pension, extension, and equalization of normal pension age, and they are trying to shift responsibilities and costs to individuals and firms.

Keywords: disability; early retirement; oil‐price crisis; older workers; part‐time pensions; pension age; responsibility; restructuring; unemployment

Chapter.  17439 words.  Illustrated.

Subjects: Comparative Politics

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