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
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 10322
- Klassifikation
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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
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policy evaluation
retirement
ageing
- Ereignis
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Geistige Schöpfung
- (wer)
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Stancanelli, Elena G. F.
- Ereignis
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Veröffentlichung
- (wer)
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Institute for the Study of Labor (IZA)
- (wo)
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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