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-side explanation for the frequently observed discrete drop from full-time work to complete retirement. …
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Retirement ages among older Americans have only recently begun to increase after a precipitous fifty-year decline …. Early retirement may result from incentives provided by retirement systems; but it may also result from the rigidities …
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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, we use a regression discontinuity approach to identify the causal …
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This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back … simulated from Living in Ireland survey. Our model takes the advantages of the dataset and models retirement decisions in terms … incorporate complimentary leisure, which allows us to analyse the interactions of spouses' retirement timing. This methodology …
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We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … such as those around retirement should not affect consumption. However, we first recall that given higher leisure … endowments after retirement, the theory does predict a fall of total market consumption expenditures. In order not to mistake …
Persistent link: https://www.econbiz.de/10011455042
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … such as those around retirement should not affect consumption. However, we first recall that given higher leisure … endowments after retirement, the theory does predict a fall of total market consumption expenditures. In order not to mistake …
Persistent link: https://www.econbiz.de/10011485846