Arbeitspapier

Joint Retirement of Couples: Evidence from Discontinuities in Denmark

We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension eligibility age. Next, we explore underlying mechanisms. We find age differences within couples to be a fundamental determinant of joint retirement, which is driven by older spouses working longer. Accounting for these age differences reveals a strong gender gap, which prevails after controlling for relative earnings. Finally, in a complementary analysis we show that a reform increasing eligibility ages induces similar spillovers to spouses.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 9191

Klassifikation
Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Retirement; Retirement Policies
Household Behavior: General
Social Security and Public Pensions
Thema
joint retirement
pension eligibility age
couples labor supply

Ereignis
Geistige Schöpfung
(wer)
García-Miralles, Esteban
Leganza, Jonathan M.
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2021

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • García-Miralles, Esteban
  • Leganza, Jonathan M.
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2021

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