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Spousal Influence on Early Retirement Behavior Author info | Abstract | Publisher info | Download info | Related research | Statistics Zhiyang Jia () (Statistics Norway )
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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.
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Paper provided by Research Department of Statistics Norway in its series Discussion Papers with number
406.
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Date of creation: Feb 2005Date of revision:
Handle: RePEc:ssb:dispap:406Contact details of provider: Postal: P.O.Box 8131 Dep, N-0033 Oslo, Norway Phone: (+47) 21 09 00 00 Fax: (+47) 21 09 49 73 Email: Web page: http://www.ssb.no More information through EDIRC
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Keywords: Retirement ; Spousal Influence ; Panel Data ; Random Effects. ; Other versions of this item:
Find related papers by JEL classification: H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
This paper has been announced in the following NEP Reports :
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