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Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife, thus distinguishing households in which the wife is a...
Persistent link: https://www.econbiz.de/10013073440
Existing studies show that individuals who retire replace some private consumption by home production, but do not consider joint behaviour of couples. Here we analyze the causal effect of retirement of each partner on hours of home production of both partners in a couple. Our identification...
Persistent link: https://www.econbiz.de/10013113079
We argue that retirement from work may affect marital status according to the predictions of quite standard economic models of marriage and divorce. Retirement may make singles less marriageable as well as impacting negatively marriage stability for married people. We exploit retirement laws in...
Persistent link: https://www.econbiz.de/10012870187