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Modeling the retirement process
for policy evaluation and research
Alan L. Gustman
Economist, Dartmouth College, research associate at the National Bureau of Economic Research, Cambridge, Mass
Thomas L., Steinmeier
Associate professor of economics at Texas Tech University and a research economist at the National Bureau of Economic Research
A sizable minority of men who retire continue to work part time, although the duration of partial retirement trends to be brief; a small number actually increase hour of work after a period of retirement or semiretirement when personal or economic circumstances change.
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