Discussion Papers no. 405
A dynamic programming approach
Retirement behavior of working couples in Norway
This paper aims to provide an empirical analysis of the joint retire ment behavior of working couples in Norway. A dynamic programming model is speci.ed and estimated on micro data. The estimation results show that a model, which uses only measures of economic incentives: wages and pension benefits gives a satisfactory fit to the observed retirement pattern. The results also indicate that husbands have higher bargaining power within the household. A hypothetical policy simulation shows that by taxing pension bene.ts as wage income, the labor market participation of both husbands and wives will increase around 4 percentage points at age 65.
Om publikasjonen
- Tittel
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Retirement behavior of working couples in Norway. A dynamic programming approach
- Ansvarlig
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Zhiyang Jia
- Serie og -nummer
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Discussion Papers no. 405
- Utgiver
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Statistics Norway
- Emne
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Discussion Papers
- Antall sider
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31
- Målform
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Engelsk
- Om Discussion Papers
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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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