Selected Determinants of Employment of Persons in Post Productive Age on Labour Market in Czech Republic and Slovakia Cover Image

Vybrané determinanty zaměstnanosti osob v postproduktivním věku na trhu práce v České a Slovenské republice
Selected Determinants of Employment of Persons in Post Productive Age on Labour Market in Czech Republic and Slovakia

Author(s): Adéla Zubíková, Katarína Švejnová-Höesová, Zdeněk Chytil
Subject(s): Politics / Political Sciences, Social Sciences, Economy, Human Resources in Economy
Published by: Vysoká škola ekonomická v Praze
Keywords: labour market; participation on the labour market; Czech Republic; Slovakia

Summary/Abstract: Pension systems are strained with negative impacts on the state budget as a consequence of the endangering trend of worsening demographic structure and population aging. The aim of this paper is to map trends of employment rates of persons 65–69 years old in the Czech Republic and Slovakia between 1998 and 2017 and to analyse selected determinants affecting these rates. These determinants are then subjected to statistical and regression analysis using panel data for the period 1998–2017. Based on the analysis results, the authors come to three conclusions for both countries: firstly, the increase in pensions is not a limiting factor in the employment of persons aged 65–69; secondly, the participation of persons with tertiary education is of great relevance, implying the need for support to tertiary education; thirdly, the results confirmed the significance of the health determinant of persons aged 65–69, ensuing the need for stimulating investment in health.

  • Issue Year: 69/2021
  • Issue No: 2
  • Page Range: 170-192
  • Page Count: 23
  • Language: Czech