RAND Corporation

To improve the understanding of the availability and importance of different pecuniary and nonpecuniary job characteristics for older workers and their effects on older worker labor outcomes

  • Amount $1,120,309
  • City Santa Monica, CA
  • Investigator Nicole Maestas
  • Year 2013
  • Program Research
  • Sub-program Working Longer

One difficulty in understanding the labor market behavior of older workers is that much of the needed data is not available. For instance, the National Institute on Aging’s Health and Retirement Survey—the gold standard data set for examining aging—does not collect detailed information about the pecuniary and nonpecuniary job characteristics of older workers. As such, trends in retirement and other labor market behaviors of older workers cannot be correlated with data about what their jobs are like. This grant provides support for a project by the Rand Corporation to correct this gap by collecting new data describing the actual and preferred working conditions of approximately 2,200 older Americans between the ages of 55 and 70 in the ongoing, nationally representative RAND American Life Panel (ALP). The new dataset will be made publicly available to the broader research community; will serve as encouragement to younger scholars to do research on aging and work; and will inform evidence-based conversations with the National Institute on Aging about adding items on the pecuniary and nonpecuniary attributes of work to the Health and Retirement Survey.

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