Globalization and Late Careers in Society Findings from comparative research in OECD-type Countries

Similar documents
Exit Rate: Men Aged (cohort adjusted)

Income support for older persons in the Republic of Korea : a perspective of older persons

Can employment be increased only at the cost of more inequality?

PENSIONS IN OECD COUNTRIES: INDICATORS AND DEVELOPMENTS

The Economic Contribution of Older Workers

Live Long and Prosper? Demographic Change and Europe s Pensions Crisis. Dr. Jochen Pimpertz Brussels, 10 November 2015

COVERAGE OF PRIVATE PENSION SYSTEMS AND MAIN TRENDS IN THE PENSIONS INDUSTRY IN THE OECD

Pensions at a Glance: Europe and Central Asia

ANALYSIS OF PENSION REFORMS IN EU MEMBER STATES

Chapter 6 Late careers and labour market exit into retirement in Estonia

Classifying Welfare States Based on Elderly Labor Force Participation ⅰ

The New Welfare State An Answer to New Social Risks? Joakim Palme Institute for Futures Studies

Earnings related schemes: Design, options and experience. Edward Whitehouse

Revenue Statistics Tax revenue trends in the OECD

axia Axia Economics Civil-service pension schemes Edward Whitehouse Civil-Service World Bank core course Washington DC, April 2016

Entrepreneurship at a Glance 2018 Highlights

Corrigendum. Page 41, Table 1.A1.1. Details of pension reforms, September 2013-September 2015 : Columns on Portugal should read as follows:

Private pensions. A growing role. Who has a private pension?

LA SOSTENIBILITÀ E L ADEGUATEZZA DEI SISTEMI PENSIONISTICI NEI PAESI OCSE

THE TAX SYSTEM IN BELGIUM COMPARED TO OTHER OECD COUNTRIES

London School of Hygiene and Tropical Medicine. Affording Our Future Conference Wellington, December, 2012

Hours Worked Across the World: Facts and Driving Forces

Rozvoj zam stnanosti v sociálních slu bách: klí ové faktory a perspektivy. Shaping employment in social services: key factors and future perspectives

Workforce participation of mature aged women

Preventing Early Exit from Labour Market Indicators. Sustainable Ageing Societies: Indicators for Effective Policy-Making

OECD THEMATIC FOLLOW-UP REVIEW OF POLICIES TO IMPROVE LABOUR MARKET PROSPECTS FOR OLDER WORKERS. ITALY (situation early 2012)

Financial Sustainability of Pension Systems in the European Union

Primary Health Care Needs-Based Resource Allocation through Financing of Health Regions

SELECTED MAJOR SOCIAL SECURITY PENSION REFORMS IN EUROPE, Source: ISSA Databases

OECD ECONOMIC OUTLOOK Moving forward in difficult times. 3 rd December Mauro Pisu OECD Senior Economist

Developments for age management by companies in the EU

THE BENEFITS OF EXPANDING THE ROLE OF WOMEN AND YOUTH IN ECONOMIC ACTIVITIES

MINIMUM WAGES ACROSS OECD COUNTRIES: BACK TO THE FUTURE?

REVERSE MORTGAGES: A TOOL TO IMPROVE LIVING STANDARDS OF THE ELDERLY? A EUROPEAN PERSPECTIVE

Work Capacity of Older Workers: Canada and the United States

Capital Access Index 2006 Gauging Entrepreneurial Access to Capital

Quality of Life of Public Servants in European Comparison

V. MAKING WORK PAY. The economic situation of persons with low skills

Prerequisites for Active Ageing

17 January 2019 Japan Laurence Boone OECD Chief Economist

Reversing Early Retirement in Advanced Welfare Economies

The Challenge of Public Pension Reform in Advanced and Emerging Economies

Aging with Growth: Implications for Productivity and the Labor Force Emily Sinnott

OECD THEMATIC FOLLOW-UP REVIEW OF POLICIES TO IMPROVE LABOUR MARKET PROSPECTS FOR OLDER WORKERS. NORWAY (situation mid-2012)

Social Determinants of Health: employment and working conditions

The Norwegian Economy

Transition from Work to Retirement in EU25

POLICY TRENDS IN OECD COUNTRIES TO INCREASE COVERAGE AND CONTRIBUTIONS INTO FUNDED PENSION PLANS

Plan: Reform Strategy - Bermuda Experience. Caribbean Conference on Health lhfinancing Initiatives

WORKING PAPERS. Sustaining Employment of Older Workers in an Ageing Society. Gudrun Biffl, Joseph E. Isaac

Long-term unemployment: Council Recommendation frequently asked questions

Extending the tail end of working lives: How policies shape labour market participation and retirement of older workers

Insurance Markets in Figures

Gender pension gap economic perspective

Public Pension Spending Trends and Outlook in Emerging Europe. Benedict Clements Fiscal Affairs Department International Monetary Fund March 2013

G20 Finance and Central Bank Deputies Meeting February February, Structural Reform in a Crisis Environment.

Why Have Some CESEE Countries Done Better Than Others since Early Transition?

DO POLICIES THAT BOOST AGGREGATE GROWTH GENERATE ECONOMIC INSTABILITY FOR INDIVIDUAL HOUSEHOLDS?

education (captured by the school leaving age), household income (measured on a ten-point

Extract from Divided We Stand: Why Inequality Keeps Rising

Active Ageing. Fieldwork: September November Publication: January 2012

FDI drops 18% in 2017 as corporate restructurings decline

Employment in Ageing Europe

The Global Financial Crisis and the Return of the Nordic Model?

The Agenda for Structural Reform in Europe

Index. bad employment performance 69 baseline bias 297 8

Outline of Presentation. I. Trends in Revenue Mobilization. II. Measuring Tax Gap. III. IMF s Approach RA-GAP

The Evolution of Social Protection: China and Europe compared

SEE macroeconomic outlook Recovery gains traction, fiscal discipline improving. Alen Kovac, Chief Economist EBC May 2016 Ljubljana

InterTrade Ireland Economic Forum 25 November 2011 The jobs crisis: stylised facts and policy challenges

LIFE-COURSE HEALTH AND LABOUR MARKET EXIT IN THIRTEEN EUROPEAN COUNTRIES: RESULTS FROM SHARELIFE

Pensions Incentives to Retire

Fragmentation of retirement markets due to differences in life expectancy

CERP report on the application of EN regarding national needs and peculiarities

Summer School. Types of national health systems: the Beveridge model, the Bismarck model and the private health insurance system

Policy Forum: How to address Inequality and Poverty in South Africa 7 June 2011, Reserve Bank, Pretoria

Labor Market Reform. The Hartz Experience. Dr. Michael Jung, Brussels, June 15, 2013

Youth Integration into the labour market Barcelona, July 2011 Jan Hendeliowitz Director, Employment Region Copenhagen & Zealand Ministry of

NATIONAL COMMUNICATIONS FROM PARTIES INCLUDED IN ANNEX I TO THE CONVENTION

Structural Policy Priorities

Securing sustainable and adequate social protection in the EU

Transition from work to retirement in EU25

Poverty and social inclusion indicators

Flash Eurobarometer 398 WORKING CONDITIONS REPORT

ASSET-BASED POVERTY: INSIGHTS FROM THE OECD WEALTH DISTRIBUTION DATABASE. Carlotta Balestra OECD Statistics and Data Directorate

Boosting Jobs and Incomes

State Involvement and Economic Growth

RESILIENCE IN A TIME OF HIGH DEBT

THE IMPACT OF DEMOGRAPHIC CHANGES ON LABOR SUPPLY

Low employment among the 50+ population in Hungary

Assessing the social sustainability of pension reforms in Europe

Demographic Change in the EU, the Oldest-old and the Need for Innovative Models of More Efficient Elderly Care

Long Term Reform Agenda International Perspective

Social Determinants of Health: evidence for action. Professor Sir Michael Marmot 12 th Sept th anniversary of the Faculty of Medicine, Oslo

OECD Science, Technology and Industry Scoreboard 2013

STRUCTURAL REFORM REFORMING THE PENSION SYSTEM IN KOREA. Table 1: Speed of Aging in Selected OECD Countries. by Randall S. Jones

Outlook Overview: OECD Countries UN LINK Conference, Bangkok October, 2009

Remodelling Pillars and Tiers:

Pensions after the Crisis: A comparative analysis of recent reform processes

OECD THEMATIC FOLLOW-UP REVIEW OF POLICIES TO IMPROVE LABOUR MARKET PROSPECTS FOR OLDER WORKERS. CANADA (situation mid-2012)

Transcription:

Globalization and Late Careers in Society Findings from comparative research in OECD-type Countries Presentation at the 18 th Annual Meeting of The Society for the Advancement of Socio-Economics Network B: Globalization and Socio-Economic Development Trier / Germany, June 30 th -July 2 nd 2006 Prof. Dr. Hans-Peter Blossfeld (Bamberg) Dipl.-Soz. Dirk Hofäcker (Bamberg) Dipl.-Soz. Sandra Buchholz (Bamberg)

The GLOBALIFE-Project Multidisciplinary Research Project at the Universities of Bielefeld (1999-2002) and Bamberg (2002-2005), led by Prof. Hans-Peter Blossfeld gratefully funded by the VolkswagenStifung (Volkswagen Foundation) 22 local researchers + 49 external research collaborators from 17 different countries ('Country experts') Key question: How does globalization shape and transform the life courses of individuals in modern, OECD-type societies?

The Two Faces of Globalization Positive consequences: o Rise in productivity (tertiarization) o Increases in living standards o Upgrading of the occupational structure o Decline of unskilled jobs o Rising significance of knowledge and information Enforces the trend towards a knowledge society

Negative consequences: o More unexpected (market) developments o Increasing volatility of all kinds of markets o Faster restructuring of the economy o Growing pace of economic and social change o Declining predictability of developments o Increasing uncertainty of social life o Growing need of flexibility in the economy Severe consequences for all kinds of actors

Convergence or Path-Dependence? Convergence thesis: (Neoinstitutionalism, Modernization theory) Worldwide convergence of domestic institutions Theory of path-dependence: Nation-specific institutions change, but remain powerful Globalization is moulded by country-specific logics

Four Project Phases Four consecutive project phases dealing with key life course transitions in chronological order 1. Transition to Adulthood and Labor Market Entry 2. Mid-career employment of men 3. Mid-career employment of women 4. Late Careers and the transition to retirement

Globalization and late careers Existing literature and research on late careers and older employees in the labor market concentrates mainly on demographic and welfare aspects: How does globalization affect the sustainability of welfare states and financing of pension systems while societies have to face demographic ageing at the same time? The GLOBALIFE perspective integrates these discussions into an employment-based perspective: How do structural changes in the labor market (induced by globalization) affect older employees labor market position and the shape and development of their employment careers?

Globalife Research Design Phase IV 12 countries participate in Phase 4 with national case studies: Liberal: Social-Democratic: Conservative: Southern European: Post-Socialist: USA UK Sweden Norway Denmark Germany The Netherlands Italy Spain Czech Republic Estonia Hungary Context Frameworking through an international comparison based on cross-sectional data 12 longitudinal country studies to explore the peculiarities of specific country cases

Research Questions and Approach Transformation of Old Age Employment? Can we find a transformation of late careers and older employees labor market attachment across cohorts or across periods? Differentiating Institutional Regimes Which mobility patterns in old age could be found in different countries due to different institutional settings? Do institutional regimes induce different types of late career pathways? Examining the Role of Individual and Workplace Characteristics Who is being flexibilized? Are special groups of older employees at higher risk to experience a transformation of their position in the labor market?

GLOBALIFE: Forthcoming publication Just published! H.-P. Blossfeld, S. Buchholz and D. Hofäcker (eds) Globalization, Uncertainty and Late Careers in Society, London: Routledge Working Papers downloadable at: www.uni-bamberg.de/sowi/soziologie-i/globalife dirk.hofaecker@sowi.uni-bamberg.de

Conceptual Approach: Globalization and Late Careers

Globalization and Structural Change Massive structural changes in firms and organizations were stimulated in the last two decades (Castells 2000, Piore/Sabel 1984) because the rising international interconnectedness and volatility of markets led to a noticeable change in demands on enterprises and markets and produced a new quality of competition ('flexibilization' numerical, temporal, wage) parallel developments in communication and information technology posed new demands on the production of goods and the skill profile of the work force ('skill flexibility', 'qualificational flexibility')

Background: Re-Structuring and Older Employees It can be expected that structural changes induced by globalization have especially affected late-midlife workers, since in contrast to young labor market entrants they tend to be over-represented in declining sectors they do not have up-to-date qualifications and their jobs might become obsolete & re-training is comparatvely costly they often earn high wages and tend to have high levels of employment protection in contrast to other employees, older employees have a socially acknowledged alternative role outside the labor market.

The development of employment in late career (1970-2003) Employment rate, men, aged 60-64 years (in%) 80 70 USA Schweden Deutschland 60 50 40 30 20 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000

Early Exit from Employment: Maintenance vs. Early Exit Clusters In all considered countries, globalization increases the intensity of early retirement of workers with obsolete qualification, but country context influences the magnitude of this process. Employment Rates 60-64, 1995 (in %) 60 50 40 30 20 10 0 NOR SWE Maintenance USA GRB DNK CAN ESP POL EST ITA Early exit CZE DEU SLO NDL HUN 10 20 30 40 50 60 70 80 90 Decrease in Employment Rates, 1970-1995 (in %) Data Source: OECD

Institutions and their Impacts on Structuring Late Careers (I) National late career patterns can be explained as a result of the dialectic relationship between different institutional settings. Institutions promoting or hindering (permanent) labor market exit: The availability and generosity of pensions or welfare offers create incentives or disincentives for the (early) withdrawal from the labor force. Institutions promoting or hindering continuation of employment: Pension systems (and welfare state subsystems) Occupational systems Stratification and standardization of occupations create labor market boundaries and limit the possibilities of (older) employees to adapt to changing employment structures and markets (Blossfeld/Stockmann 1999). Re-Training allows older workers to continuously adapt their qualificational profile.

Institutions and their Impacts on Structuring Late Careers (II) Institutions promoting or hindering continuation of employment (continuation): Employment relations systems The level of employment protection legislation defines the extent of market flexibility. Is it possible for enterprises and economies to realize restructuring at the expense of older employees? Is it possible for redundant employees to move flexibly within the labor market? Employment-sustaining policies Existence of activating employment policies defines chances of re-entries. Are (older) employees who dropped out of employment kept systematically out because of a lacking re-integrative infrastructure? Or do policies support re-entries actively?

Regime Classification Liberal: Market induced maintenance flexible employment relations low standardization of occupations few incentives for early retirement Conservative: high employment protection high educational standardization few employment support generous pension systems, various early retirement incentives and pathways Maintenance Post-Socialist: path-breaking as a consequence of transformation Early Exit Social-Democratic: Public induced maintenance moderate employment protection active employment support universal pension system, high retirement ages, few early exit incentives Southern European: strong insider-outsider logic standardization of occupations generous pension system few active employment programs