Retirement decision and household's gasoline consumption: Evidence from a Regression Discontinuity Design

Arbeitspapier

I employ household-level data over 2006-2017 to quantify the impact of retirement on gasoline consumption. Based on a fuzzy regression discontinuity design, I show that gasoline consumption declines by 32-36 percent on average over my different specifications. The reduction reaches 59-66 percent when I restrict the sample to single-person households. I further find that the probability to use any gasoline decreases by 5-6 percent at retirement (13-16 percent for single-person households). These findings suggest that demographic trends represent an important driver of CO2 emissions associated with private mobility in developed countries.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IRENE Working Paper ; No. 24-01

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions ; Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models ; Consumer Economics: Empirical Analysis
• Thema: gasoline consumption ; retirement effect ; Household expenditure survey ; fuzzy regression discontinuity design

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Francescutto, Nicola
• Ereignis: Veröffentlichung
• (wer): University of Neuchâtel, Institute of Economic Research (IRENE)
• (wo): Neuchâtel
• (wann): 2024

Weitere Informationen

• Handle: http://hdl.handle.net/10419/283507
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ