This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement … increasing women's retirement age to be equal to men's …

Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate …'s unobserved heterogeneity. We conclude that the reform immediately reduced both spouses' retirement probability. The wife …'s retirement probability also drops by 1 to 4 percentage points if the husband is hit by the reform, and vice-versa. Instrumenting …

"peer effect". The unitary model of household decision making can thus be rejected with respect to retirement savings. …-mandatory retirement savings. Therefore we analyze the intra-household allocation of retirement savings between partners in Germany taking … an individualistic approach.First, the decision to save at all is analyzed using a seemingly unrelated bivariate probit …