TY  - RPRT
        AU  - Usui, Emiko
AU  - Shimizutani, Satoshi
AU  - Oshio, Takashi
        TI  - Are Japanese Men of Pensionable Age Underemployed or Overemployed?
        PY  - 2015/Dec/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9620
        UR  - https://www.iza.org/publications/dp9620
        AB  - We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be underemployed. Men self-employed at age 54, however, neither retire nor reduce their working hours even after beginning to receive pension benefits; these men are more likely to be overemployed. In contrast, U.S. men retire or move to part-time when they first claim Social Security; those who continue working as employees after Social Security starts are unlikely to be either over- or underemployed. Therefore, unlike U.S. men, Japanese men are not choosing the optimal pensionable age and labor hours to maximize their intertemporal utility.
        KW  - hours constraints
KW  - work hours
KW  - pension benefits
KW  - Japanese Study on Aging and Retirement (JSTAR)
KW  - Health and Retirement Study (HRS)
KW  - Japan
        ER  -