Earticle

초록

영어

Purpose: This paper investigates the factors influencing retirement decisions among the middle aged and elderly in Taiwan. Method: The data used are from three panels and five waves of the Survey of Health and Living Status (SHLS) from 1989 to 2003, which contains detailed information on individuals, family structure, health, social support, employment, and economic status. Duration models are used to estimate the hazard rates of individual retirement behaviour. Findings: First, for the cohort analyses, principal empirical results of the first wave of three panels are similar, including that older workers, female workers, Mainlander workers, and workers with poor health have higher hazard rates and are more likely to retire. In contrast, Hakka workers and married workers are less likely to retire than others. Second, for the transition analyses, the empirical results strongly support the hypothesis that if workers have a pension, they are more likely to retire during three different periods. Research limitations: The main limitation of this paper is the survey, which mainly focused on individual employment histories and collected limited data on employer responses and government’s policies.
Further, the response rates on wages, income, and assets were low, reflecting the reluctance of participants to divulge their true income. Social implications: National Health Insurance may provide a lot of improvements for workers’ health and allow the hazard ratios of retirement to decrease. Originality/value: This paper strongly supports the Taiwanese government to change their pension policy for early retirement with high interest payment of pension benefits.

목차

Abstract
 Introduction
 Some Background to Retirement in Taiwan
 Estimation Methods
 Data Description
  Data Source
  Variables Specification
 Empirical Results
  Cohort Analyses by Three Different Panel Data
  Transition Analysis by Three Waves of The Second Panel Data
 Conclusion
 References

키워드

저자

• Wen-Shai Hung [ Department of Business Administration, Providence University, Taiwan ]
• Shu-Hsi Ho [ Department of International Business, Ling-Tung University, Taiwan ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  행정언어와 질적연구 [Language of Public Administration and Qualitative Research]

• 간기

  반년간

• pISSN

  2233-7415

• 수록기간

  2010~2014

• 십진분류

  KDC 350 DDC 350