IDEAS home Printed from https://ideas.repec.org/a/kap/jfamec/v36y2015i3p396-407.html

Retirement Timing of Dual-Earner Couples in 11 European Countries? A Comparison of Cox and Shared Frailty Models

Author

Listed:
  • Hanne Preter

  • Dorien Looy
  • Dimitri Mortelmans

Abstract

Retirement is not only an individual decision, it is a decision taken within a family system. The extent to which estimates of retirement predictors are biased by the clustering of older workers (50 years of age or older) into dual-earner households remains unclear. Using longitudinal data on 11 European countries from the first (2004/2005) and second (2006/2007) waves of the Survey on Health, Ageing and Retirement in Europe (SHARE), this study investigated the retirement timing of older workers aged 50+ living in dual-earner households in 11 European countries. We questioned how measures that are significantly related to retirement timing differ according to whether one takes into account the household context in the retirement analysis. The results showed that covariates that are dependent among partners (e.g., household size, educational level) changed the least between the Cox model and the shared frailty model. The effects of controlling for clustering between partners, although fairly modest, appeared to be important as they revealed a systematic pattern in the direction of bias in estimates that assume an independent sample. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • Hanne Preter & Dorien Looy & Dimitri Mortelmans, 2015. "Retirement Timing of Dual-Earner Couples in 11 European Countries? A Comparison of Cox and Shared Frailty Models," Journal of Family and Economic Issues, Springer, vol. 36(3), pages 396-407, September.
    • Handle: RePEc:kap:jfamec:v:36:y:2015:i:3:p:396-407
    DOI: 10.1007/s10834-014-9403-6
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s10834-014-9403-6
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s10834-014-9403-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Alan L. Gustman & Thomas L. Steinmeier, 2004. "Personal Accounts and Family Retirement," NBER Working Papers 10305, National Bureau of Economic Research, Inc.
    2. Moller Dano, Anne & Ejrnaes, Mette & Husted, Leif, 2005. "Do single women value early retirement more than single men?," Labour Economics, Elsevier, vol. 12(1), pages 47-71, February.
    3. D. Omariba & Roderic Beaujot & Fernando Rajulton, 2007. "Determinants of infant and child mortality in Kenya: an analysis controlling for frailty effects," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 26(3), pages 299-321, June.
    4. Krista Minnotte, 2012. "Family Structure, Gender, and the Work–Family Interface: Work-to-Family Conflict Among Single and Partnered Parents," Journal of Family and Economic Issues, Springer, vol. 33(1), pages 95-107, March.
    5. Bram Lancee & Jonas Radl, 2012. "Social Connectedness and the Transition From Work to Retirement," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 67(4), pages 481-490.
    6. E. Hill & Jenet Erickson & Kaylene Fellows & Giuseppe Martinengo & Sarah Allen, 2014. "Work and Family over the Life Course: Do Older Workers Differ?," Journal of Family and Economic Issues, Springer, vol. 35(1), pages 1-13, March.
    7. Scott Hall & Shelley MacDermid, 2009. "A Typology of Dual Earner Marriages Based on Work and Family Arrangements," Journal of Family and Economic Issues, Springer, vol. 30(3), pages 215-225, September.
    8. Kanika Kapur & Jeannette Rogowski, 2007. "The Role of Health Insurance in Joint Retirement among Married Couples," ILR Review, Cornell University, ILR School, vol. 60(3), pages 397-407, April.
    9. Paul Bingley & Gauthier Lanot, 2007. "Public Pension Programmes and the Retirement of Married Couples in Denmark," NBER Chapters, in: Public Policy and Retirement, Trans-Atlantic Public Economics Seminar (TAPES), pages 1878-1901, National Bureau of Economic Research, Inc.
    10. Amy Mehraban Pienta & Mark D. Hayward, 2002. "Who Expects to Continue Working After Age 62? The Retirement Plans of Couples," The Journals of Gerontology: Series B, The Gerontological Society of America, vol. 57(4), pages 199-208.
    11. Meghir, Costas & Whitehouse, Edward, 1997. "Labour market transitions and retirement of men in the UK," Journal of Econometrics, Elsevier, vol. 79(2), pages 327-354, August.
    12. Martin Zuba & Ulrike Schneider, 2013. "What Helps Working Informal Caregivers? The Role of Workplace Characteristics in Balancing Work and Adult-Care Responsibilities," Journal of Family and Economic Issues, Springer, vol. 34(4), pages 460-469, December.
    13. Gloria J. Bazzoli, 1985. "The Early Retirement Decision: New Empirical Evidence on the Influence of Health," Journal of Human Resources, University of Wisconsin Press, vol. 20(2), pages 214-234.
    14. Dwyer, Debra Sabatini & Mitchell, Olivia S., 1999. "Health problems as determinants of retirement: Are self-rated measures endogenous?," Journal of Health Economics, Elsevier, vol. 18(2), pages 173-193, April.
    15. Gustman, Alan L & Steinmeier, Thomas L, 2000. "Retirement in Dual-Career Families: A Structural Model," Journal of Labor Economics, University of Chicago Press, vol. 18(3), pages 503-545, July.
    16. John Bound, 1991. "Self-Reported Versus Objective Measures of Health in Retirement Models," Journal of Human Resources, University of Wisconsin Press, vol. 26(1), pages 106-138.
    17. Daphne Pedersen & Krista Minnotte, 2012. "Dual Earner Husbands and Wives: Marital Satisfaction and the Workplace Culture of Each Spouse," Journal of Family and Economic Issues, Springer, vol. 33(3), pages 272-282, September.
    18. Simon Parker & Jonathan Rougier, 2007. "The retirement behaviour of the self-employed in Britain," Applied Economics, Taylor & Francis Journals, vol. 39(6), pages 697-713.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Deanna L. Sharpe, 2021. "Reinventing Retirement," Journal of Family and Economic Issues, Springer, vol. 42(1), pages 11-19, July.
    2. Pérez, Carlos & Martín-Román, Ángel & Moral, Alfonso, 2020. "Two decades of the complementary leisure effect in Spain," The Journal of the Economics of Ageing, Elsevier, vol. 15(C).
    3. Mika Haapanen & Jaakko Pehkonen & Ville Seppälä, 2023. "Couples' joint retirement by household type: Evidence from Finland," LABOUR, CEIS, vol. 37(3), pages 409-436, September.
    4. Schreiber Philipp, 2018. "Widowhood and Retirement Timing: Evidence from the Health and Retirement Study," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 18(3), pages 1-21, July.
    5. Italo Lopez Garcia & Kathleen J. Mullen par, 2021. "The Role of Physical Job Demands and the Physical Work Environment in Retirement Outcomes," Working Papers wp437, University of Michigan, Michigan Retirement Research Center.
    6. Ioannis Laliotis & Mujaheed Shaikh & Charitini Stavropoulou & Dimitrios Kourouklis, 2023. "Retirement and Household Expenditure in Turbulent Times," Journal of Family and Economic Issues, Springer, vol. 44(4), pages 968-989, December.
    7. Francesca Zanasi & Inge Sieben & Wilfred Uunk, 2020. "Work history, economic resources, and women’s labour market withdrawal after the birth of the first grandchild," European Journal of Ageing, Springer, vol. 17(1), pages 109-118, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Даниелян, Владимир, 2016. "Детерминанты Пенсионного Возраста: Обзор Исследований [Determinants of Retirement Age: A Review of Research]," MPRA Paper 73865, University Library of Munich, Germany.
    2. J L Ford & K Park & S Sen, 2009. "All Work and No Play: Pecuniary Versus Non-Pecuniary Factors in the Labour Supply of the Elderly," Discussion Papers 09-08, Department of Economics, University of Birmingham.
    3. Heidler, Matthias & Raffelhüschen, Bernd & Leifels, Arne, 2006. "Heterogenous life expectancy, adverse selection, and retirement behaviour," FZG Discussion Papers 13, University of Freiburg, Research Center for Generational Contracts (FZG).
    4. Nabanita Datta Gupta & Mona Larsen, 2010. "The impact of health on individual retirement plans: self‐reported versus diagnostic measures," Health Economics, John Wiley & Sons, Ltd., vol. 19(7), pages 792-813, July.
    5. Jennifer Roberts & Nigel Rice & Andrew M. Jones, 2008. "Early retirement and inequality in Britain and Germany: How important is health?," Working Papers 2008012, The University of Sheffield, Department of Economics, revised Nov 2008.
    6. Tracy A. Falba & William T. Gallo & Jody L. Sindelar, 2008. "Work Expectations, Realizations, and Depression in Older Workers," NBER Working Papers 14435, National Bureau of Economic Research, Inc.
    7. Iskhakov, Fedor, 2008. "Dynamic Programming Model of Health and Retirement," Memorandum 03/2008, Oslo University, Department of Economics.
    8. Subhasree Basu Roy, 2018. "Effect of Health on Retirement of Older Americans: a Competing Risks Study," Journal of Labor Research, Springer, vol. 39(1), pages 56-98, March.
    9. Jennifer Roberts & Nigel Rice & Andrew M Jones, 2010. "Early Retirement Among Men in Britain and Germany: How Important is Health?," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 35(4), pages 644-667, October.
    10. Deschryvere, Matthias, 2004. "Health and Retirement. An Update of the Literature," Discussion Papers 932, The Research Institute of the Finnish Economy.
    11. Jones, Andrew M. & Rice, Nigel & Roberts, Jennifer, 2010. "Sick of work or too sick to work? Evidence on self-reported health shocks and early retirement from the BHPS," Economic Modelling, Elsevier, vol. 27(4), pages 866-880, July.
    12. Gimenez-Nadal, J. Ignacio & Molina, Jose Alberto, 2015. "Health status and the allocation of time: Cross-country evidence from Europe," Economic Modelling, Elsevier, vol. 46(C), pages 188-203.
    13. Cai, Lixin, 2010. "The relationship between health and labour force participation: Evidence from a panel data simultaneous equation model," Labour Economics, Elsevier, vol. 17(1), pages 77-90, January.
    14. Erik Meijer & Arie Kapteyn & Tatiana Andreyeva, 2008. "Health Indexes and Retirement Modeling in International Comparisons," Working Papers 614, RAND Corporation.
    15. Owen O'Donnell & Eddy Van Doorslaer & Tom Van Ourti, 2013. "Health and Inequality," Tinbergen Institute Discussion Papers 13-170/V, Tinbergen Institute.
    16. Moon, Sangho & Shin, Jaeun, 2006. "The effect of the Americans with Disabilities Act on economic well-being of men with disabilities," Health Policy, Elsevier, vol. 76(3), pages 266-276, May.
    17. Sergi Jiménez-Martín & José M. Labeaga & Cristina Vilaplana Prieto, 2006. "Award errors and permanent disability benefits in Spain," Economics Working Papers 966, Department of Economics and Business, Universitat Pompeu Fabra.
    18. Aranki, Ted & Macchiarelli, Corrado, 2013. "Employment duration and shifts into retirement in the EU," LSE Research Online Documents on Economics 53190, London School of Economics and Political Science, LSE Library.
    19. Beni­tez-Silva, Hugo & Ni, Huan, 2008. "Health status and health dynamics in an empirical model of expected longevity," Journal of Health Economics, Elsevier, vol. 27(3), pages 564-584, May.
    20. Hamaaki, Junya & Noguchi, Haruko, 2013. "The Impact of Health Problems on Income of the Elderly in Japan," CIS Discussion paper series 599, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:jfamec:v:36:y:2015:i:3:p:396-407. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.