Arbeitspapier

Couples' Retirement under Individual Pension Design: A Regression Discontinuity Study for France

Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate the effects of a French pension reform on spouses' employment decisions. We use labor-force survey data, pooled over different years, on fifty thousand French couples and apply a regression discontinuity framework, also controlling for couple's unobserved heterogeneity. We conclude that the reform immediately reduced both spouses' retirement probability. The wife's retirement probability also drops by 1 to 4 percentage points if the husband is hit by the reform, and vice-versa. Instrumenting spousal retirement with legal retirement age, own retirement probability rises by 2 to 6 percentage points upon spousal retirement.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 10322

Klassifikation
Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Multiple or Simultaneous Equation Models: Instrumental Variables (IV) Estimation
Microeconomic Policy: Formulation, Implementation, and Evaluation
Thema
policy evaluation
retirement
ageing

Ereignis
Geistige Schöpfung
(wer)
Stancanelli, Elena G. F.
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Stancanelli, Elena G. F.
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2016

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