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Effects of digital skills and other individual factors on retirement decision-making and their gender differences
European Journal of Ageing ( IF 3.721 ) Pub Date : 2023-10-07 , DOI: 10.1007/s10433-023-00784-9
Martin Lakomý 1
Affiliation  

Increasing the pension age as a dominant solution to population ageing does not bring desirable outcomes, if not accompanied by other essential measures in lifelong learning and fighting age discrimination. Moreover, rapid digitalisation and automation in the labour market bring additional uncertainties for the growing group of older workers. The analysis is based on the SHARE data from Waves 5, 6, and 7 and examines predictors of retirement intentions by two different estimation methods. While digital skills are positively associated with a willingness to stay in the labour market in the random-effect modelling, fixed-effects regression shows no correlation between digital skills and retirement intentions. This difference means that digital skills do not correlate with retirement intentions once we control for time-invariant individual characteristics. Thus, increasing ICT literacy among older workers can have a very limited potential for extending working lives. In contrast to this result, starting to be self-employed, health improvement, having an additional grandchild, and losing a partner increase the willingness to work longer. The study identifies the factors shaping retirement intentions, which should be reflected in any effective social policy.



中文翻译:

数字技能和其他个人因素对退休决策的影响及其性别差异

如果不辅之以终身学习和打击年龄歧视的其他重要措施,提高养老金年龄作为人口老龄化的主要解决方案并不会带来理想的结果。此外,劳动力市场的快速数字化和自动化给不断增长的老年工人群体带来了额外的不确定性。该分析基于第 5 波、第 6 波和第 7 波的 SHARE 数据,并通过两种不同的估计方法检查退休意图的预测因素。虽然在随机效应模型中数字技能与留在劳动力市场的意愿呈正相关,但固定效应回归显示数字技能与退休意愿之间没有相关性。这种差异意味着,一旦我们控制了不随时间变化的个人特征,数字技能就与退休意图不再相关。因此,提高老年工人的 ICT 素养对于延长工作寿命的潜力非常有限。与此结果相反,开始自营职业、健康状况改善、多一个孙子以及失去伴侣会增加工作更长时间的意愿。该研究确定了影响退休意愿的因素,这些因素应反映在任何有效的社会政策中。

更新日期:2023-10-08
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