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Modelling Age and Retirement in Manpower Planning

Modelling Age and Retirement in Manpower Planning Modelling for age and retirement becomesessential in many situations where promotion isagebased and retirement is on attaining a particularage. A step by step approach to modellingretirement and average age of population throughsystem dynamics is presented. The deterministicsituation, with fixed residence time, is presentedfirst and, then, the system equations are modifiedto accommodate probabilistic age of individuals bynormal distribution. The proposed model has beentested and a few policy alternatives are suggested. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Manpower Emerald Publishing

Modelling Age and Retirement in Manpower Planning

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0143-7720
DOI
10.1108/01437729010003067
Publisher site
See Article on Publisher Site

Abstract

Modelling for age and retirement becomesessential in many situations where promotion isagebased and retirement is on attaining a particularage. A step by step approach to modellingretirement and average age of population throughsystem dynamics is presented. The deterministicsituation, with fixed residence time, is presentedfirst and, then, the system equations are modifiedto accommodate probabilistic age of individuals bynormal distribution. The proposed model has beentested and a few policy alternatives are suggested.

Journal

International Journal of Manpower – Emerald Publishing

Published: Jun 1, 1990

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