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Title: Race Inequities in Men's Retirement
Resulting in 1 citation.
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Hayward, Mark D. Friedman, Samantha Chen, Hsinmu |
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Race Inequities in Men's Retirement Journals of Gerontology: Series B: Psychological Sciences and Social Sciences 51B,1 (January 1996): S1-S10. Also: http://psychsocgerontology.oxfordjournals.org/content/51B/1/S1.abstract Cohort(s): Older Men Publisher: Gerontological Society of America Keyword(s): Disability; Labor Force Participation; Life Cycle Research; Male Sample; Mortality; Racial Differences; Retirement/Retirement Planning Assessed inequities of retirement access for black and white older men. Cohort-based prospective analysis of mid- and late-career labor force behavior was conducted using the National Longitudinal Survey of Older Men (NLS). The NLS is a nationally representative sample of 5,020 men, aged 45-59 in 1966, who were followed for 17 years. A multistate life table model was used to identify how labor force experiences and mortality determined the labor force participation rates (LFPRs) and the qualities of the retirement life cycle for blacks and whites. Results showed that black men's lower LFPRs were a function of disability. Despite lower LFPRs than whites, however, blacks spent a greater portion of their lives both working and disabled, reducing the retirement period. Race differences in the retirement life cycle were also highly sensitive to mortality. Although race did not affect the risk of reentry, retirement reversals were more common among whites than blacks due to differential exposure. The combination of higher disability and mortality rates among blacks suggests that health is a key determinant of retirement inequity. It is concluded that reducing black mortality to that of whites would substantially narrow the life cycle difference, although mortality is not generally thought to be policy manipulable. (AR) (AgeLine Database, copyright 1996 AARP, all rights reserved) |
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Bibliography Citation
Hayward, Mark D., Samantha Friedman and Hsinmu Chen. "Race Inequities in Men's Retirement." Journals of Gerontology: Series B: Psychological Sciences and Social Sciences 51B,1 (January 1996): S1-S10.
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