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In this project we study joint retirement of couples in Europe. We characterize various empirical regularities and use a model for simultaneous duration variables developed in Honor e and de Paula (2014). Whereas conventionally used duration models cannot account for joint retirement, our model...
Persistent link: https://www.econbiz.de/10013039942
We examine to what extent pathways to statutory retirement other than employment are associated with adverse health conditions as measured by increased cause-specific mortality risk during retirement. To do so, we estimate a dependent competing risks model using Dutch administrative data. We...
Persistent link: https://www.econbiz.de/10013136989
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10012970398