Active work participation of the Czech elderly

Abstract

Majority of developed countries exhibit changing transition towards older population structure. This explains why nowadays, the so-called active ageing - a policy focus to help people remain in charge of their own lives as they age and to promote their continuing contribution to the economy and society - is so frequently discussed. In the context of active ageing, active work participation of elderly is one of the prospective policy objectives, along with the identification of the motives of elderly to stay on the job market. Existing literature indicates that a large number of factors influence this decision, including income and living conditions, whether the person lives alone or not, health condition, social contacts, place of residence, but also varied interventions based on local or national government policies. Empirical results however remain scarce. This article provides insights into what influences the decision of the elderly to remain on the job market in the Czech Republic.