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Author: | Zweimüller, J. Winter-Ebmer, R. Falkinger, J. |
Title: | Retirement of spouses and social security reform |
Journal: | European Economic Review
1996 : FEB, VOL. 40:2, p. 449-472 |
Index terms: | RETIREMENT LABOUR SUPPLY SOCIAL SECURITY INSURANCE LEISURE |
Language: | eng |
Abstract: | Decisions of retirement of spouses may be interdependent for various reasons. Only a few empirical studies exist on the topic because of data limitations. From a policy point of view, the understanding of interdependent retirement decisions should become important if legislators in different European countries are forced to synchronize minimum retirement ages for men and women which are lower now for females in a number of countries. The possibility of interdependent retirement using Austrian data is studied. The findings show an asymmetry: Husbands react to changes in wives' legal minimum retirement age, wives do not react vice versa. The cross-effect on men's participation rates is almost half as large as the direct effect upon women themselves. |
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