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The retirement consumption conundrum: Evidence from a consumption survey

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Author Info
Fisher, Jonathan D.
Johnson, David S.
Marchand, Joseph
Smeeding, Timothy M.
Torrey, Barbara Boyle

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Abstract

Recent studies have shown that food consumption declines at retirement. We use broader definitions of consumption from the Consumer Expenditure Survey and find that the so-called retirement consumption puzzle is solved by using comprehensive consumption data.

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File URL: http://www.sciencedirect.com/science/article/B6V84-4PTMXNN-3/1/be7341a5b1145603034e6a8c7d3f3293
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Publisher Info
Article provided by Elsevier in its journal Economics Letters.

Volume (Year): 99 (2008)
Issue (Month): 3 (June)
Pages: 482-485
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Handle: RePEc:eee:ecolet:v:99:y:2008:i:3:p:482-485

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  1. Michael D. Hurd & Susann Rohwedder, 2006. "Some Answers to the Retirement-Consumption Puzzle," NBER Working Papers 12057, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Greg Hannsgen, 2006. "A Random Walk Down Maple Lane?: A Critique of Neoclassical Consumption Theory with Reference to Housing Wealth," Economics Working Paper Archive wp_445, Levy Economics Institute, The. [Downloadable!]
    Other versions:
  3. Agar Brugiavini & Erich Battistin, & Enrico Rettore & Guglielmo Weber, 2007. "The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach," Working Papers 2007_27, University of Venice "Ca' Foscari", Department of Economics. [Downloadable!]
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