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Externalities in leisure are considered an important reason for partners' joint retirement. This study quantifies the … extent to which partners actually spend more leisure time "together" at retirement. Exploiting legal retirement age in France …, we identify the effect of retirement on partners' hours of leisure, distinguishing leisure hours spent together or not …
Persistent link: https://www.econbiz.de/10011522324
Externalities in leisure are an important determinant of partners' retirement strategies. This is the first study that … quantifies the extent to which partners actually spend more leisure time 'together' upon retirement. Exploiting the law on … separate leisure demand of the husband increases dramatically upon his retirement and this effect is robust to all sample cuts …
Persistent link: https://www.econbiz.de/10013054432
for consumption/savings, labor supply/leisure, and retirement timing are then obtained by solving the model as a salvage … cycle labor supply, retirement timing, and savings. I develop a structural model in continuous time where the life-cycle of … a representative agent is divided into three distinct phases: pre-treatment, post-treatment, and retirement. Solutions …
Persistent link: https://www.econbiz.de/10012495695
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 … costs of remaining in the labor market that alter the pattern of non-market activities, reducing leisure time and mostly …
Persistent link: https://www.econbiz.de/10003373728
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 … costs of remaining in the labor market that alter the pattern of non-market activities, reducing leisure time and mostly …
Persistent link: https://www.econbiz.de/10012778540
incorporate complimentary leisure, which allows us to analyse the interactions of spouses' retirement timing. This methodology …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 …
Persistent link: https://www.econbiz.de/10009310732
incorporate complimentary leisure, which allows us to analyse the interactions of spouses' retirement timing. This methodology …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 …
Persistent link: https://www.econbiz.de/10013121765
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/10009558927
-monetary activities. Finnish early retirement years are, in many ways, associated with nonpassivity. Those who are prone to active leisure … leisure time as an important determinant of retirement in the first stage estimations, we found interesting characteristics on … and higher demand for early retirement schemes, (iii) men and women differ in their leisure time activities and in the …
Persistent link: https://www.econbiz.de/10010284996
Persistent link: https://www.econbiz.de/10012512710