Moreau, Nicolas; Stancanelli, Elena - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2013
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … so-called “retirement consumption puzzle”. Here, we expand on these studies by considering also retirement of the wife … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from …