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Labour Force Participation of the Elderly in Europe: The Importance of Being Healthy

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U.S. Census projects the total population in 2030 will be 364 million, an increase of approximately 30 percent from the year 2000. Just in size alone (an increase of 83 million), the country will look quite different in a relatively short period of time – i.e., approximately one generation. The shifting age distribution of households will further change the shape of the nation. It is, therefore, the growth rate and changing composition of the population that will be driving housing consumption over the coming 25 years. Beginning in 2006, the first Baby Boomer cohort will. | I z A DISCUSSION PAPER SERIES IZA DP No. 1887 Labour Force Participation of the Elderly in Europe The Importance of Being Healthy Adriaan Kalwij Frederic Vermeulen December 2005 Forschungsinstitut zur Zukunft der Arbeit Institute for the Study of Labor Labour Force Participation of the Elderly in Europe The Importance of Being Healthy Adriaan Kalwij Utrecht University and IZA Bonn Frederic Vermeulen Tilburg University Netspar CentER and IZA Bonn Discussion Paper No. 1887 December 2005 IZA P.O. Box 7240 53072 Bonn Germany Phone 49-228-3894-0 Fax 49-228-3894-180 Email iza@iza.org Any opinions expressed here are those of the author s and not those of the institute. Research disseminated by IZA may include views on policy but the institute itself takes no institutional policy positions. The Institute for the Study of Labor IZA in Bonn is a local and virtual international research center and a place of communication between science politics and business. IZA is an independent nonprofit company supported by Deutsche Post World Net. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks research support and visitors and doctoral programs. IZA engages in i original and internationally competitive research in all fields of labor economics ii development of policy concepts and iii dissemination of research results and concepts to the interested public. IZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. IZA Discussion Paper No. 1887 December 2005 ABSTRACT Labour Force Participation of the Elderly in Europe The Importance of Being Healthy In this paper we study labour force participation behaviour of individuals aged 50-64 in 11 European countries. The data are drawn from the new Survey of Health Ageing and Retirement in Europe

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