Retirement patterns in Hong Kong: a censored regression analysis.
"This paper provides an overview of retirement patterns in Hong Kong on the basis of limited data. A censored regression model is used to infer the retirement age from people's current retirement status and their current age. This model is equivalent to a restricted probit model, and the interpretation of parameters is straightforward. The results clearly show a negative income effect on the retirement decision. The retirement age seems to be positively related to lifetime earnings but negatively related to the rate of decline of earnings with age."
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D000367:Age Factors; D001208:Asia; D003710:Demography; D003906:Developing Countries; D004467:Economics; D004651:Employment; D005202:Asia, Eastern; D006723:Hong Kong; D007182:Income; D008962:Models, Theoretical; D011153:Population; D011154:Population Characteristics; D012106:Research; D012179:Retirement; D012923:Social Class; D012959:Socioeconomic Factors
Age Factors; Asia; Demographic Factors; Developing Countries; Eastern Asia; Economic Factors; Employment Status; Hong Kong; Income; Models, Theoretical; Population; Population Characteristics; Research Methodology; Retirement--determinants; Socioeconomic Factors; Socioeconomic Status