Discussion Papers no. 406

Spousal influence on early retirement behavior

In this paper, we use a binary choice panel data model to analyze married individuals.retirement behavior in Norway when a new option, AFP early retirement becomes available. We focus our study on the influence of the spouse.s characteristics on early retirement behavior. We find the directions of spousal e¤ects are quite symmetric but women seem to have a much stronger response to their spouses' characteristics than men. The comparison of di¤erent specifications indicates that correct modeling of the error term covariance structure in a panel data binary choice model is quite important.

Om publikasjonen

Tittel

Spousal influence on early retirement behavior

Ansvarlig

Zhiyang Jia

Serie og -nummer

Discussion Papers no. 406

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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