The choice of elderly labor: Evidence from Ecuador

Abstract

What drives elderly people decide to work after retirement? This paper analyzes the economic determinants of the decision to work in Ecuadorian elderly. In the analytical part, authors have analyzed the literature devoted to the study of elderly people, from which several testable hypotheses that relate it to income, education level and complex household have been derived. The article provides empirical evidence from using the Living Conditions Survey (2014). The estimation results suggest that variables as income, education level and belonging to a complex household play a significant role in the decision to work of Ecuadorian elderly.