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What Effect Do Time Constraints Have on the Age of Retirement?

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  • Leora Friedberg
  • Wei Sun
  • Anthony Webb

Abstract

Work affects both the time available for non-market activities and the times at which those activities are performed – and therefore work-induced constraints on time use may influence retirement decisions. We analyze these effects by combining new data from the American Time Use Survey with information on retirement in the Health and Retirement Study.

Suggested Citation

  • Leora Friedberg & Wei Sun & Anthony Webb, 2008. "What Effect Do Time Constraints Have on the Age of Retirement?," Working Papers, Center for Retirement Research at Boston College wp2008-17, Center for Retirement Research, revised Dec 2008.
  • Handle: RePEc:crr:crrwps:wp2008-17
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    File URL: http://crr.bc.edu/working-papers/what-effect-do-time-constraints-have-on-the-age-of-retirement/
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    References listed on IDEAS

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    1. Eric French, 2005. "The Effects of Health, Wealth, and Wages on Labour Supply and Retirement Behaviour," Review of Economic Studies, Oxford University Press, vol. 72(2), pages 395-427.
    2. Leora Friedberg & Michael T. Owyang, 2004. "Explaining the evolution of pension structure and job tenure," Working Papers 2002-022, Federal Reserve Bank of St. Louis.
    3. John Rust & Christopher Phelan, 1997. "How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets," Econometrica, Econometric Society, vol. 65(4), pages 781-832, July.
    4. Mark Aguiar & Erik Hurst, 2013. "Deconstructing Life Cycle Expenditure," Journal of Political Economy, University of Chicago Press, vol. 121(3), pages 437-492.
    5. Alan L. Gustman & Thomas L. Steinmeier, 2001. "Retirement and Wealth," NBER Working Papers 8229, National Bureau of Economic Research, Inc.
    6. Michael D. Hurd & Susann Rohwedder, 2007. "Time-Use in the Older Population Variation by Socio-economic Status and Health," Working Papers 463, RAND Corporation.
    7. Mark Aguiar & Erik Hurst, 2004. "Consumption vs. Expenditure," NBER Working Papers 10307, National Bureau of Economic Research, Inc.
    8. Leora Friedberg & Anthony Webb, 2005. "Retirement and the Evolution of Pension Structure," Journal of Human Resources, University of Wisconsin Press, vol. 40(2).
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