Retirement Policy Formulation: A Systems Perspective
Personnel ReviewPublished 1 January 1976
James W. Walker, Karl F. Price
Citations18
SJR quartileQ1
SJR score1.37
SNIP1.70
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Abstract
Retirement: is it the ‘golden years’ or is it relegation to the ‘human scrapheap’? In reality, it may be either, depending on a multitude of factors interrelated in a complex process. This paper presents a model that describes this process and explains the retirement decision in behavioural terms. The model also shows the interaction between environmental, institutional and individual variables; their impact on retirement; and the impact of retirement upon them.
Keywords
Social SciencesEconomics, Econometrics and Finance