Pension reforms and couples’ labour supply decisions

Hamed Markazi Moghadam; Patrick A. Puhani; Joanna Tyrowicz

doi:10.1016/j.labeco.2024.102627

Pension reforms and couples’ labour supply decisions

Hamed Markazi Moghadam, Patrick A. Puhani^*, Joanna Tyrowicz

^*Corresponding author for this work

Institute of Labour Economics

Research output: Contribution to journal › Article › Research › peer review

Abstract

This study examines how retirement options for husbands and wives impact their labour supply decisions using a regression discontinuity design. In the context of German pension reforms, which have tightened early retirement possibilities, we find that coordination in retirement decisions between spouses was more prevalent and symmetrical before the reforms, but less so after. This sheds light on the role of early retirement possibilities in shaping couples’ reactions to one spouse's retirement age.

Original language	English
Article number	102627
Journal	Labour economics
Volume	91
E-pub ahead of print	4 Sept 2024
DOIs	https://doi.org/10.1016/j.labeco.2024.102627
Publication status	Published - Dec 2024

Keywords

Household decisions
Labour market participation
Regression discontinuity design
Retirement coordination

ASJC Scopus subject areas

Economics and Econometrics
Organizational Behavior and Human Resource Management

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10.1016/j.labeco.2024.102627Licence: CC BY-NC 4.0

Cite this

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AB - This study examines how retirement options for husbands and wives impact their labour supply decisions using a regression discontinuity design. In the context of German pension reforms, which have tightened early retirement possibilities, we find that coordination in retirement decisions between spouses was more prevalent and symmetrical before the reforms, but less so after. This sheds light on the role of early retirement possibilities in shaping couples’ reactions to one spouse's retirement age.

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Pension reforms and couples’ labour supply decisions

Abstract

Keywords

ASJC Scopus subject areas

Access to Document

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