SHOULD I STAY OR SHOULD I GO? AN ECONOMETRIC ANALYSIS OF RETIREMENT DECISIONS BY COUPLES

Autor: Annaïg-Charlotte Pedrant, Mareva Sabatier, Bérangère Legendre
Přispěvatelé: Institut de Recherche en Gestion et en Economie (IREGE), Université Savoie Mont Blanc (USMB [Université de Savoie] [Université de Chambéry])
Jazyk: angličtina
Rok vydání: 2018
Předmět:
Economics and Econometrics
endocrine system diseases
Public economics
JEL: C - Mathematical and Quantitative Methods/C.C3 - Multiple or Simultaneous Equation Models • Multiple Variables/C.C3.C35 - Discrete Regression and Qualitative Choice Models • Discrete Regressors • Proportions
media_common.quotation_subject
05 social sciences
Perspective (graphical)
asymmetric behaviors
Econometric analysis
intra-household decision-making process
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
joint retirement decision
Interdependence
0502 economics and business
JEL: D - Microeconomics/D.D1 - Household Behavior and Family Economics/D.D1.D13 - Household Production and Intrahousehold Allocation
Economics
JEL: J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J26 - Retirement • Retirement Policies
[SHS.GESTION]Humanities and Social Sciences/Business administration
institutions
050207 economics
050205 econometrics
media_common
Zdroj: Applied Economics
Applied Economics, Taylor & Francis (Routledge), 2018, 50 (53), pp.5814-5829. ⟨10.1080/00036846.2018.1488067⟩
ISSN: 0003-6846
1466-4283
DOI: 10.1080/00036846.2018.1488067⟩
Popis: International audience; This paper analyzes retirement decisions from a household perspective, treating the retirement timing of spouses as potentially interdependent choices. To identify the determinants of retirement decisions by couples and the effects of spousal retirement, this research estimates bivariate probit models in a multi-country setting. The results show a significant joint retirement trend: Both men and women are more likely to retire if their spouse already has retired. Strong asymmetric behaviors arise by gender though, with high crosscountry heterogeneity, reflecting institutional differences in both pension and public health systems.
Databáze: OpenAIRE