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Labor Market Status and Transitions During the Pre-Retirement Years: Learning from International Differences
by Arie Kapteyn, James P. Smith, Arthur van Soest and James Banks
WP 2007-149
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- American workers tend to transition out of and into the labor force at higher rates than many European workers.
- Although there are only modest differences between American and European workers in rates of leaving work, there are higher levels of return to work among Americans.
- If Europeans were under the same policy conditions as Americans, their labor force participation would be higher.
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