about the recipient's permanent income. The empirical work uses data from the Health and Retirement Survey and the Asset and …

may not otherwise be available. Within the family there is a degree of trust and a level of information which alleviates … families can provide insurance against uncertain dates of death. Death risk sharing family arrangements effectively constitute … in annuities, these risk sharing arrangements provide powerful economic incentives for marriage and family formation. The …

Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end …

dataset covering the retirement saving contributions of over a million U.S. individuals. While a vast literature has failed to … reject household efficiency in developed countries, we find evidence of widespread inefficiency in our setting: retirement …

This paper constructs a model of retirement and saving by two earner couples. The model includes three dimensions of … behavior: the joint determination of retirement and saving; heterogeneity in time preference; and the interdependence of … retirement decisions of husbands and wives. Estimation is based on panel data from the Health and Retirement Study covering the …

The typical family in the US is now a dual-earner couple, yet relatively few studies examine the retirement decision in … a household context. This paper explores how husbands' and wives' retirement behavior is influenced by their own …

A structural econometric model of retirement of married couples is specified and estimated with recent panel data from … spouse, and perhaps husbands in particular, values retirement more once their spouse has retired. The opportunity set … accounts for peaks in the retirement hazards of each spouse, but coordination in opportunities is not responsible for …