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Gender Differences in Early Retirement Behaviour

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Abstract

In this paper we analyse early retirement for men and women focusing on family characteristics such as marital status, spouse income and wealth, and spouses’ labour market status. The female participation rate is high in Norway, implying that the country is particularly suitable for the study of gender differences in the early retirement behaviour. At our disposal we have administrative data that include information on individuals aged between 55 and 61 years in 1989. The individuals are followed until the end of 1995, with the aim of determining the predictors of different early retirement states. The results of a competing risk model indicate that women are less likely to take early retirement compared to men and that these differences are due to both different characteristics and different behaviour.

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  • Dahl, Svenn-Åge & Nilsen, Øivind Anti & Vaage, Kjell, 2002. "Gender Differences in Early Retirement Behaviour," Working Papers in Economics 02/02, University of Bergen, Department of Economics.
    • Handle: RePEc:hhs:bergec:2002_002
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    Cited by:

    1. Mona Larsen & Peder J. Pedersen, 2008. "Pathways to early retirement in Denmark, 1984‐2000," International Journal of Manpower, Emerald Group Publishing Limited, vol. 29(5), pages 384-409, August.
    2. Karsten Hank, 2004. "Effects of Early Life Family Events on Women’s Late Life Labour Market Behaviour: An Analysis of the Relationship between Childbearing and Retirement in Western Germany," MEA discussion paper series 04047, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    3. Malene Kallestrup-Lamb, 2011. "The Role of the Spouse in Early Retirement Decisions for Older Workers," CREATES Research Papers 2011-38, Department of Economics and Business Economics, Aarhus University.
    4. Hernaes, Erik & Markussen, Simen & Piggott, John & Røed, Knut, 2015. "Pension Reform and Labor Supply: Flexibility vs. Prescription," IZA Discussion Papers 8812, Institute of Labor Economics (IZA).
    5. 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.
    6. Zhiyang Jia, 2005. "Spousal Influence on Early Retirement Behavior," Discussion Papers 406, Statistics Norway, Research Department.
    7. Karakaya, Güngör, 2008. "Early cessation of activity in the labour market: impact of supply and demand factors," MPRA Paper 13390, University Library of Munich, Germany.
    8. Deschryvere, Matthias, 2004. "Labour Force Behavior of Elderly Two Adult Households: Evidence from EU-countries," Discussion Papers 933, The Research Institute of the Finnish Economy.
    9. Struffolino, Emanuela & Zaccaria, Daniele, 2020. "Did You Realize your Preferences for Early Retirement? Insights on the Agency-Within-Structure Mechanism across Welfare Regimes," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 34(1), pages 33-58.
    10. Zhiyang Jia, 2005. "Retirement Behavior of Working Couples in Norway. A Dynamic Programming Approach," Discussion Papers 405, Statistics Norway, Research Department.
    11. Erik HernæS & Zhiyang Jia, 2013. "Earnings Distribution and Labour Supply after a Retirement Earnings Test Reform," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 75(3), pages 410-434, June.
    12. Hernæs, Erik & Jia, Zhiyang, 2009. "Labour Supply Response of a Retirement Earnings Test Reform," Memorandum 25/2009, Oslo University, Department of Economics.
    13. Tianhong Chen & John A. Turner, 2015. "Gender and Public Pensions in China: Do Pensions Reduce the Gender Gap in Compensation?," Sustainability, MDPI, vol. 7(2), pages 1-15, January.
    14. Sascha Breij & Martijn Huisman & Dorly J. H. Deeg, 2020. "Educational differences in macro-level determinants of early exit from paid work: a multilevel analysis of 14 European countries," European Journal of Ageing, Springer, vol. 17(2), pages 217-227, June.
    15. Maes, Marjan, 2008. "Does the dismantlement of early retirement schemes increase unemployment in Belgium?," Working Papers 2008/57, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.

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    Keywords

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    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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