## Abstract Despite its importance for the analysis of life cycle behavior and, in particular, retirement planning, stock ownership by private households is poorly understood. Among other approaches to investigate this puzzle, recent research has started to elicit private households' expectations o
Retirement behaviour of Dutch elderly households
β Scribed by Professor Mauro Mastrogiacomo; Rob Alessie; Maarten Lindeboom
- Publisher
- John Wiley and Sons
- Year
- 2004
- Tongue
- English
- Weight
- 153 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0883-7252
- DOI
- 10.1002/jae.784
No coin nor oath required. For personal study only.
β¦ Synopsis
Abstract
We specify and estimate retirement models for singles and married couples and estimate these on data from the Dutch SocioβEconomic Panel. We perform some simulations and find strong effects of retirement options in determining the retirement behaviour within different household types. Model estimates are used to simulate the effect of relevant retirement policies across subgroups. We find that the disadvantageous treatment of the old age pension in the Netherlands for married households with two earners has unintended perverse effects on the labour market behaviour of couples. Copyright Β© 2004 John Wiley & Sons, Ltd.
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