Cloth $99.00 ISBN: 9789089646774 Published October 2015 For sale only in the United States, its dependencies, the Philippines, and Canada

Late-Career Risks in Changing Welfare States

Comparing Germany and the United States since the 1980s

Jan Paul Heisig

Late-Career Risks in Changing Welfare States

Jan Paul Heisig

Distributed for Amsterdam University Press

285 pages | 6 x 9
Cloth $99.00 ISBN: 9789089646774 Published October 2015 For sale only in the United States, its dependencies, the Philippines, and Canada
Motivated by ongoing debates over welfare state retrenchment and growing economic insecurity, this book compares the situation of older workers in Germany and the United States over the past three decades. Both nations are seeing a rise in insecurity for older workers, but the differences in support programs, pensions, and retirement options have led to differing outcomes for workers faced with early retirement or job loss.
Contents
Acknowledgment

Part I: Background

Introduction
1.1 Why compare Germany and the United States?
1.2 Why study income mobility around job loss and retirement?
1.3 Overview of the study
 
2. Welfare state change and income mobility: a framework
2.1 Income mobility: relevance, limitations, and empirical approaches
2.2 Income mobility around adverse life events – a framework
2.3 The focal events: job loss and retirement
 
3. Institutional context and social policy change
3.1 Macroeconomic context
3.2 Differences and trends in the employment levels of older people
3.3 Institutional context and the (re)employment prospects of older workers
3.4 Differences and changes in public and employment-based protection
3.5 Female labor force participation and earnings arrangements
3.6 Summary
 
4. Data and methods
4.1 Conceptual framework and analytic strategy
4.2 Implementation of did matching and compositional adjustments
4.3 Data and key measures
 
Part II: Economic consequences of retirement

5. Literature review and research questions
5.1 Why should economic well-being change at retirement?
5.2 Institutional context and income changes at retirement: research questions and hypotheses
5.3 Previous research on income change at retirement
 
6. The changing economic consequences of retirement
6.1 Retirement patterns and economic situation of non-working individuals
6.2 Sample characteristics and details of estimation approach
6.3 Income changes around exit from work
6.4 Summary and conclusions
6.5 Additional results
 
Part III: Economic consequences of late-career job loss

7. Literature review and research questions
7.1 Employment, earnings and household income after late-career job loss
7.2 Institutional context and the impact of late-career job loss on employment and income: research questions and hypotheses
7.3 Previous empirical research
 
8. The changing economic consequences of late-career job loss
8.1 Sample characteristics and details of estimation approach
8.2 Empirical results
8.3 Summary and conclusions
8.4 Additional results
 
Part IV: Conclusion

9. Conclusion
9.1 Key findings: welfare regimes and the ‘Great Risk Shift’ revisited
9.2 Implications and directions for future research
 
List of acronyms
Bibliography
Index
For more information, or to order this book, please visit http://www.press.uchicago.edu
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