An, Mark Y.; Christensen, Bent Jesper; Gupta, Nabanita Datta - In: Journal of Applied Econometrics 19 (2004) 6, pp. 687-704
We analyse the joint distribution of the durations until retirement of Danish husbands and wives. We estimate a multivariate mixed proportional hazards model that allows for interdependence in the times to retirement of spouses. We find evidence of strong complementarities in leisure times....
