This paper estimates the propensity to retire and the persistence of remaining retired once the decision to retire has been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth is virtually zero and that of financial assets wealth...

1. Theoretical Framework -- 2. Research Design -- 3. Prevalence of Economic Vulnerability among Swiss Pensioners -- 4. The Self-Assessed Measure of Economic Vulnerability -- 5. The Perceived Measure of Economic Vulnerability -- 6. Discussion and Conclusion.

We apply the collective consumption model of Browning, Chiappori and Lewbel (2006) to analyse economic well-being and poverty among the elderly. The model focuses on individual preferences, a consumption technology that captures the economies of scale of living in a couple, and a sharing rule...