externalities in leisure. In this study, we investigate how retirement affects the hours of leisure together of individuals in a … effect of retirement on hours of leisure separate and together of individuals in a couple. We find that the retirement … retirement of the husband significantly increases own hours of leisure of the husband but it does not increase joint leisure …

approach to modelling household decision taking, flexible enough to encompass non-cooperative behaviour and Pareto …This paper is a survey of the literature on theoretical models of the household, paying particular attention to some of … household's preference ordering over the utility profiles of its members depends on exogenous variables, in particular wage …

general externalities with respect to spouses? leisure. Preferences and the intrahousehold bargaining process are identified … worked) and the claiming decision for social security benefits. We apply the model to American households coming from the … first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …

employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved … preferences for shared leisure also appear to play an important role. …

from the five available waves of the Health and Retirement Study (HRS) is used to investigate if the dynamics introduced by … sources of dynamics and correlation in a couple?s decision making. First, strong true state-dependence is found and results in … indirect effects of social security and pension incentives through complementarity in leisure. Second, the Spouse Allowance …

retirement decisions in developed countries. However, women's and couples' labour supply decisions and the patterns of withdrawal … examine how social security financial incentives and personal characteristics affects one's own and spouses' retirement … decisions. Our results suggested that couples synchronize retirement and that they respond similarly to their own …

eligible for early retirement, while the wife is not eligible. Estimates and predictions derived from the different models are …

incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement … decision and the accesses to early retirement pension offers are estimated in a simultaneous equation system, yielding unbiased …We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an …

This study investigates whether many people fear an unexpectedshock in their financial situation around retirement and … distribution of expectations andrealizations, suggest that individuals around retirement are overly pes-simistic and attach more …

active working life. Retirement through either of these pensions was and in 2006 still is an accessible exit route from the … labour market that provides a minimal but secure income flow. For those reaching the minimum legal retirement age, retirement … model to estimate the incentives affecting the decision to retire before the legal age. Results from binary decision models …