Arbeitspapier

Labor Supply of Retiring Couples and Heterogeneity in Household Decision-Making Structure

This paper analyzes the labor market participation behavior of retiring couples in Norway. To account for the unobserved heterogeneity in decision-making structure within the household, I formulate a mixed model by assuming there are two types of households, the cooperative type and the non-cooperative type. I assume that non-cooperative households behave according to a Stackelberg game with the male as the leader, while cooperative households engage in a cooperative bargaining process. The estimation results show that more than half of the households are of the non-cooperative type.

Language
Englisch

Bibliographic citation
Series: Discussion Papers ; No. 404

Classification
Wirtschaft
Household Behavior: General
Retirement; Retirement Policies
Subject
household labor supply
retirement
unobserved heterogeneity
mixed model

Event
Geistige Schöpfung
(who)
Jia, Zhiyang
Event
Veröffentlichung
(who)
Statistics Norway, Research Department
(where)
Oslo
(when)
2005

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Jia, Zhiyang
  • Statistics Norway, Research Department

Time of origin

  • 2005

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