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estimation approaches are used to highlight the importance of taking the household decision-making context into account when … influences of a spouse’s characteristics on the retirement decision of the individual. Second, a competing-risks framework is … strong evidence of coordination of retirement by mature age couples in Australia due to complementarities in leisure and, for …
Persistent link: https://www.econbiz.de/10010858810
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 …
Persistent link: https://www.econbiz.de/10010884286
This paper develops an Index of Economic Well-being (IEWB) for the United States, the United Kingdom, Canada, Australia, Germany, Norway and Sweden for the period 1980 to 2001 which recognizes four components: Current effective per capita consumption flows; Net societal accumulation of stocks of...
Persistent link: https://www.econbiz.de/10005481840
A model with leisure production and endogenous retirement is used to explain the declining labor-force participation … moment of retirement. The increase in retirement is driven by rising real wages and a falling price of leisure goods over … rates of elderly males. Using the Health and Retirement Study, the model is calibrated to cross-sectional data on the labor …
Persistent link: https://www.econbiz.de/10005069238
Persistent link: https://www.econbiz.de/10005531034
In this chapter, Lars Osberg and Andrew Sharpe provide an overview of trends in a number of dimensions of economic well-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a new composite measure of economic...
Persistent link: https://www.econbiz.de/10005650207
in leisure. Exploiting the law on early retirement age in France, we use a regression discontinuity approach to identify … the causal effect of retirement on hours of leisure, separate and together, of individuals in a couple. We use a sample of … drawn from French Labor Force Surveys. We conclude that upon partners’ retirement leisure hours spent separately from the …
Persistent link: https://www.econbiz.de/10010592604
the causal effect of retirement on hours of leisure, separate and together, of the man and woman in a couple. We use a … conclude that generally both separate and joint leisure hours of partners increase significantly upon own retirement. In …'s retirement and by less than an hour upon husband's retirement. The positive effect of partners' retirement on joint leisure is …
Persistent link: https://www.econbiz.de/10010711863
Persistent link: https://www.econbiz.de/10008926042
A model with leisure production and endogenous retirement is used to explain the declining labor-force participation … moment of retirement. The increase in retirement is driven by rising real wages and a falling price of leisure goods over … rates of elderly males. Using the Health and Retirement Study, the model is calibrated to cross-sectional data on the labor …
Persistent link: https://www.econbiz.de/10005566114