Work-Life Balance and Labor Force Attachment at Older Ages

29 Pages Posted: 26 Jan 2018

See all articles by Marco Angrisani

Marco Angrisani

Center for Economic and Social Research (CESR)

Maria Casanova

California State University Fullerton

Erik Meijer

University of Southern California; RAND Corporation

Date Written: September 1, 2017

Abstract

We use data from the Health and Retirement Study to examine the role of work-life balance (WLB) as a nonmonetary determinant of retirement transitions, conditional on job attributes such as hours of work, compensation and benefits. We show that low levels of WLB are significantly associated with subsequent reductions in labor supply for workers aged 51 to 79, and document heterogeneity by gender and employment status. Moreover, WLB mediates labor supply responses to spousal health shocks. Workers who report higher levels of work-to-life interference are significantly more likely to reduce their labor supply in the next two periods following a spouse’s health shock, and this effect is once more heterogeneous. The moderating effect of WLB is stronger for women than men. Among female workers, it is stronger for those employed part-time at baseline.

Keywords: older workers, work-life balance, retirement

Suggested Citation

Angrisani, Marco and Casanova, Maria and Meijer, Erik, Work-Life Balance and Labor Force Attachment at Older Ages (September 1, 2017). CESR-Schaeffer Working Paper No. 3110845; Michigan Retirement Research Center Research Paper No. 2017-366. Available at SSRN: https://ssrn.com/abstract=3110845 or http://dx.doi.org/10.2139/ssrn.3110845

Marco Angrisani (Contact Author)

Center for Economic and Social Research (CESR) ( email )

635 Downey Way
Los Angeles, CA 90089-3332
United States

Maria Casanova

California State University Fullerton ( email )

Department of Economics
CSUF Mihaylo College of Business and Economics
Fullerton, CA 92831
United States

Erik Meijer

University of Southern California ( email )

635 Downey Way
Los Angeles, CA 90089-3332
United States

RAND Corporation ( email )

1776 Main Street
P.O. Box 2138
Santa Monica, CA 90407-2138
United States

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