The Effect of Age Discrimination Laws on Age-Earnings Profiles of Postsecondary Faculty

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Authors
Pema, Elda
Subjects
Age discrimination in employment act (ADEA)
Mandatory retirement
Faculty retirement
Age-earnings profiles
Advisors
Date of Issue
2009-12-10
Date
Publisher
Springer
Language
Abstract
This study investigates the impact of the abolition of mandatory retirement on earnings profiles of faculty in postsecondary institutions. The Age Discrimination in Employment Act (ADEA) excluded faculty from the protection of age discrimination laws until January 1, 1994, due to perceived adverse effects of this legislation on the academic labor market. After 1994, research has found that more faculty are remaining employed beyond the age of 70 and more institutions are offering early retirement plans. This study adds to the literature by finding that the policy change has steepened age-earnings profiles for cohorts entering the labor market, suggesting a stronger job attachment, and, potentially, efficiency gains.
Type
Article
Description
The article of record as published may be found at http://dx.doi.org/10.1007/s11293-009-9201-y
Series/Report No
Department
Business and Public Policy (GSBPP)
Organization
Naval Postgraduate School (U.S.)
Identifiers
NPS Report Number
Sponsors
Funder
Format
16 p.
Citation
E. Perma, "The Effect of Age Discrimination Laws on Age-Earnings Profiles of Postsecondary Faculty," International Atlantic Economic Journal, v.38, no.1 (2009) pp. 66-80.
Distribution Statement
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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