Discussion Papers no. 404

Labor supply of retiring couples and heterogeneity in household decision-making structure

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This paper analyzes the labor market participation behavior of retiring couples in Norway. To account for the unobserved heterogeneity in decision-making structure within the household, I formulate a mixed model by assuming there are two types of households, the cooperative type and the non-cooperative type. I assume that non-cooperative households behave according to a Stackelberg game with the male as the leader, while cooperative households engage in a cooperative bargaining process. The estimation results show that more than half of the households are of the non-cooperative type.

Om publikasjonen

Tittel

Labor supply of retiring couples and heterogeneity in household decision-making structure

Ansvarlig

Zhiyang Jia

Serie og -nummer

Discussion Papers no. 404

Utgiver

Statistics Norway

Emne

Discussion Papers

Antall sider

27

Målform

Engelsk

Om Discussion Papers

Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.

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