The Retirement Behavior of Married Couples: Evidence From the Spouse's Allowance
AbstractI examine the effects of the introduction of the Spouse's Allowance to the Canadian Income Security system on the retirement behavior of couples. This policy intervention provides an excellent opportunity to investigate how income security programs affect the timing of retirement. The structure of the Allowance also provides a view of how programs targeted at one spouse can affect the behavior of the other. Finally, conditional of the types of data available for this time period, the analysis considers the joint labor market decisions of couples. The results indicate that the introduction of the Allowance is associated with decreased employment rates and increased not in the labor force rates among eligible males. Eligible females did not share the rising employment rates over the 1970s experienced by their counterparts who were not eligible for the Spouse's Allowance.
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Bibliographic InfoPaper provided by University of Toronto, Department of Economics in its series Working Papers with number baker-99-01.
Length: 32 pages
Date of creation: 11 Aug 1999
Date of revision:
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Other versions of this item:
- Michael Baker, 2002. "The Retirement Behavior of Married Couples: Evidence from the Spouse's Allowance," Journal of Human Resources, University of Wisconsin Press, vol. 37(1), pages 1-34.
- Michael Baker, 2003. "The Retirement Behavior of Married Couples: Evidence From The Spouse's Allowance," Working Papers, University of California, Davis, Department of Economics 993, University of California, Davis, Department of Economics.
- Michael Baker, 1999. "The Retirement Behavior of Married Couples: Evidence from the Spouse's Allowance," NBER Working Papers 7138, National Bureau of Economic Research, Inc.
- Michael Baker, . "The Retirement Behavior of Married Couples: Evidence From The Spouse’s Allowance," Department of Economics, California Davis - Department of Economics 99-03, California Davis - Department of Economics.
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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National Bureau of Economic Research, Inc.
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- Jonathan Gruber, 1999.
"Social Security and Retirement in Canada,"
in: Social Security and Retirement around the World, pages 73-99
National Bureau of Economic Research, Inc.
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2104, National Bureau of Economic Research, Inc.
- Blau, David M., 1997. "Social security and the labor supply of older married couples," Labour Economics, Elsevier, Elsevier, vol. 4(4), pages 373-418, December.
- Baker, Michael & Benjamin, Dwayne, 1999. "Early Retirement Provisions and the Labor Force Behavior of Older Men: Evidence from Canada," Journal of Labor Economics, University of Chicago Press, University of Chicago Press, vol. 17(4), pages 724-56, October.
- Baker, Michael & Benjamin, Dwayne, 1999. "How do retirement tests affect the labour supply of older men?," Journal of Public Economics, Elsevier, Elsevier, vol. 71(1), pages 27-51, January.
- White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, Econometric Society, vol. 48(4), pages 817-38, May.
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