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, collective model of the household in which spouses have the ability to commit to an ex ante efficient allocation. The results are … consistent with a model of limited commitment in which a shock to household resources can alter bargaining power. We discuss the …
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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 …
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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 … costs of remaining in the labor market that alter the pattern of non-market activities, reducing leisure time and mostly …
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risk confronting our retirement system. In this volume, we provide an in-depth analysis of the ‘black swans' threatening … various ways to manage and finance these risks, with a view to rebuilding a more resilient retirement system. In particular …
Persistent link: https://www.econbiz.de/10012856919
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