<b>The Production‐Push Factors: The Political Economy of Labor Shedding</b>

Bernhard Ebbinghaus

in Reforming Early Retirement in Europe, Japan and the USA

Published in print July 2006 | ISBN: 9780199286119
Published online September 2006 | e-ISBN: 9780191604089 | DOI:
 The Production‐Push Factors: The Political Economy of Labor Shedding

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This chapter analyzes the economic ‘push’ factors that lead to early exit from work. Some firms co-sponsor early retirement via occupational pensions in order to facilitate restructuring. Deindustrialization, mass unemployment, and privatization have increased structural push, with early exit spreading widely across sectors. Two varieties of capitalism can be observed: early exit is used by firms to adapt to regulated labor markets in Continental coordinated market economies, it is more cyclical and infrequent in Anglophone flexible labor markets, while Japan and Sweden are exceptional cases that integrate older workers.

Keywords: early retirement; restructuring; occupational pensions; employers; works councils; production systems; flexible labor market; employment regulation

Chapter.  16551 words.  Illustrated.

Subjects: Comparative Politics

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