Journal article
Mature age labour force participation and the life cycle deficit in Australia: 1981-82 to 2009-10
Jeromey B Temple, James Mahmud Rice, Peter F McDonald
Journal of the Economics of Ageing | Elsevier | Published : 2017
Abstract
With inexorable population ageing, successive Australian governments have sought to implement policies, on both the production and consumption side, that place a greater onus on older citizens to be financially self-sufficient as a means of offsetting costs due to ageing. Over the previous 30 years, a time of considerable labour market growth and policy change, mature age labour force participation increased significantly in Australia. In this paper, we utilise the National Transfer Accounts methodology to examine the impact that the increases in mature age labour force participation have had on the Life Cycle Deficit – the difference between what age groups consume and what they produce thr..
View full abstractRelated Projects (1)
Grants
Awarded by Australian Research Council
Awarded by Australian Research Council's Centre of Excellence in Population Ageing Research
Funding Acknowledgements
This Australian study forms part of a large international effort to construct National Transfer Accounts. Further information is available at: www.ntaaccounts.org. Funding for the development of the Australian NTA has been provided by the National Health and Medical Research Council and the Australian Research Council through an Ageing Well, Ageing Productively Research Program grant (ID 401158) and the Australian Research Council's Centre of Excellence in Population Ageing Research (CE1101029). Funding for this study has also been made available by the Australian Department of Social Services. Numerous ABS sample survey data sets were made available to the authors by the Australian Bureau of Statistics (ABS).