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
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Spousal influence on early retirement behavior
- Ansvarlig
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Zhiyang Jia
- Serie og -nummer
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Discussion Papers no. 406
- Utgiver
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Statistics Norway
- Emne
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Discussion Papers
- Antall sider
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27
- 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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