English, Article, Journal or magazine article edition: Retirement Behavior of Working Couples in Norway. A Dynamic Programming Approach Zhiyang Jia

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Bookmark: http://trove.nla.gov.au/version/53769
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Retirement Behavior of Working Couples in Norway. A Dynamic Programming Approach
Author
  • Zhiyang Jia
Physical Description
  • preprint
Notes
  • This paper aims to provide an empirical analysis of the joint retire ment behavior of working couples in Norway. A dynamic programming model is speci.ed and estimated on micro data. The estimation results show that a model, which uses only measures of economic incentives: wages and pension benefits gives a satisfactory fit to the observed retirement pattern. The results also indicate that husbands have higher bargaining power within the household. A hypothetical policy simulation shows that by taxing pension bene.ts as wage income, the labor market participation of both husbands and wives will increase around 4 percentage points at age 65.
  • Household Retirement; Dynamic Programming
  • RePEc:ssb:dispap:405
Language
  • English
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