Myth of the industrial scrap heap: A revisionist view of turn-of-the-century American retirement
Myth of the industrial scrap heap: A revisionist view of turn-of-the-century American retirement
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DOI：
10.1017/s0022050700016004
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发表时间：
1996-03-01
影响因子：
2.1
通讯作者：
Sutch, R
中科院分区：
文献类型：
--
作者：
Carter, SB;Sutch, R
使用人口普查生存方法来计算1900年至1910年期间就业州的净流动，我们发现，在所有年满55岁的男性中，大约有五分之一最终在死亡前退休。这些退休人员中的许多人似乎计划通过积累资产，成为自营职业者，然后清算资产以提供收入流来资助老年消费，从而退出有偿就业。这种“现代”退休行为对资本和劳动力市场、储蓄和投资、保险和养老金以及家庭经济的经济史具有重要意义。
Using the census survival method to calculate net flows across employment states between 1900 and 1910, we find that approximately one-fifth of all men who reached the age of 55 eventually retired before death. Many of these retirees appear to have planned their withdrawal from paid employment by accumulating assets, becoming self-employed, and then liquidating their assets to provide a stream of income to finance consumption in old age. This ''modern'' retirement behavior has important implications for the economic history of capital and labor markets, of saving and investment, of insurance and pensions, and of the family economy.