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What happens to the husband’s retirement decision when the wife’s retirement incentives change?
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies.
2011 (English)Report (Other academic)
Abstract [en]

Several studies have documented a strong correlation in the timing of spouses’ retirement decisions. However, considerably less is known about the causal impact of one spouse’s retirement incentives on the retirement decision of the other spouse. Before, but not after, 2001 broad categories of Swedish local government workers in female dominated occupations were entitled to retire with full pension benefits already at the age of 63. In this paper, we utilize this reform – together with a micro data set covering the total Swedish population – to estimate the effect of a change in the wife’s incentive on the husband’s retirement behavior. We document a sharp decrease in pension benefit withdrawals among 63 year old wives in the local government sector in the years following the reform. However, we do not find any evidence of a response among husbands. This finding is at odds with some earlier results in the literature.

Place, publisher, year, edition, pages
Uppsala: Department of Economics, Uppsala University , 2011. , 37 p.
Series
Working paper / Uppsala Center for Fiscal Studies, Uppsala University, 2011:8
Keyword [en]
Joint retirement, retirement age, occupational pensions.
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:uu:diva-156744OAI: oai:DiVA.org:uu-156744DiVA: diva2:433112
Available from: 2011-08-09 Created: 2011-08-08 Last updated: 2011-08-09Bibliographically approved

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf