Why is retirement so abrupt?

In the twenty-third IEA Discussion Paper, John S. Heywood and W. Stanley Siebert examine the labour market for older workers.

They ask why retirement is so abrupt? Does it make sense for it to be, and if not, what can we do about it? Are the UK’s new Employment Equality (Age) Regulations, which attempt to reduce ‘age discrimination’, likely to help the functioning of the market for older workers? These are important questions, because retirement affects the working lives and happiness of so many people.

2008, Discussion Paper 23

See also: Should We Mind the Gap: Gender Pay Differentials and Public Policy by J. R. Shackleton.

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