Details
Original language | English |
---|---|
Article number | 102627 |
Journal | Labour economics |
Volume | 91 |
Early online date | 4 Sept 2024 |
Publication status | Published - Dec 2024 |
Abstract
This study examines how retirement options for husbands and wives impact their labour supply decisions using a regression discontinuity design. In the context of German pension reforms, which have tightened early retirement possibilities, we find that coordination in retirement decisions between spouses was more prevalent and symmetrical before the reforms, but less so after. This sheds light on the role of early retirement possibilities in shaping couples’ reactions to one spouse's retirement age.
Keywords
- Household decisions, Labour market participation, Regression discontinuity design, Retirement coordination
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
- Business, Management and Accounting(all)
- Organizational Behavior and Human Resource Management
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In: Labour economics, Vol. 91, 102627, 12.2024.
Research output: Contribution to journal › Article › Research › peer review
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TY - JOUR
T1 - Pension reforms and couples’ labour supply decisions
AU - Moghadam, Hamed Markazi
AU - Puhani, Patrick A.
AU - Tyrowicz, Joanna
N1 - Publisher Copyright: © 2024 The Author(s)
PY - 2024/12
Y1 - 2024/12
N2 - This study examines how retirement options for husbands and wives impact their labour supply decisions using a regression discontinuity design. In the context of German pension reforms, which have tightened early retirement possibilities, we find that coordination in retirement decisions between spouses was more prevalent and symmetrical before the reforms, but less so after. This sheds light on the role of early retirement possibilities in shaping couples’ reactions to one spouse's retirement age.
AB - This study examines how retirement options for husbands and wives impact their labour supply decisions using a regression discontinuity design. In the context of German pension reforms, which have tightened early retirement possibilities, we find that coordination in retirement decisions between spouses was more prevalent and symmetrical before the reforms, but less so after. This sheds light on the role of early retirement possibilities in shaping couples’ reactions to one spouse's retirement age.
KW - Household decisions
KW - Labour market participation
KW - Regression discontinuity design
KW - Retirement coordination
UR - http://www.scopus.com/inward/record.url?scp=85204233068&partnerID=8YFLogxK
U2 - 10.1016/j.labeco.2024.102627
DO - 10.1016/j.labeco.2024.102627
M3 - Article
AN - SCOPUS:85204233068
VL - 91
JO - Labour economics
JF - Labour economics
SN - 0927-5371
M1 - 102627
ER -