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Existing studies show that individuals who retire replace some private consumption by home production, but do not consider joint behavior 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/10013117283
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
The demand for institutional long-term care is likely to remain high in OECD countries, because of longer life expectancy and falling cohabitation rates of the elderly with family members. As shortages of qualified nurses put a cap on the supply of beds at nursing homes, excess demand builds....
Persistent link: https://www.econbiz.de/10011405004
Earlier studies conclude that spouses' retirement strategies are not independent from each other and that policies affecting individuals in a couple are also likely to affect the economic behaviour of their partner. In this study, we exploit retirement age legislation in France as well as a...
Persistent link: https://www.econbiz.de/10013099778
In the scant literature on partners' joint retirement decisions one of the explanations for joint retirement is externalities in leisure. In this study, we investigate how retirement affects the hours of leisure together of individuals in a couple. Exploiting the law on retirement age in France,...
Persistent link: https://www.econbiz.de/10013104047
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
Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate the effects of a French pension reform on spouses' employment decisions. We use labor-force survey data, pooled over different years, on fifty thousand French couples and apply...
Persistent link: https://www.econbiz.de/10012962425
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
Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate the effects of a French pension reform on spouses' employment decisions. We use labor-force survey data, pooled over different years, on fifty thousand French couples and apply...
Persistent link: https://www.econbiz.de/10012979860
The many facets of retirement have been studied widely by economists. However, the effect of retirement on marriage stability has been ignored in the literature. Retirement represents a dramatic change in individual time allocation that may affect marriage stability. In particular, individuals...
Persistent link: https://www.econbiz.de/10013055215