Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/20560
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dc.contributor.authorMichaud, Pierre-Carlen_US
dc.contributor.authorVermeulen, Fredericen_US
dc.date.accessioned2009-01-28T16:15:00Z-
dc.date.available2009-01-28T16:15:00Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20560-
dc.description.abstractWe study the labor supply dynamics of elderly couples by means of a structural collectivemodel. The model allows for general externalities with respect to spouses? leisure.Preferences and the intrahousehold bargaining process are identified by using panel datawith couples and individuals who turned into widow(er)hood in the covered period. The modeldoes not only look at the extensive margin (working versus being retired), but also at theintensive margin (how many hours are worked) and the claiming decision for social securitybenefits. We apply the model to American households coming from the first five waves of theHealth and Retirement Study. We also provide model simulations for two widely discussedreform proposals; more specifically the abolition of the earnings test and the elimination ofthe spouse benefit. The model simulations reveal only small changes in labor supply ofelderly couples.en_US
dc.language.isoengen_US
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen_US
dc.relation.ispartofseries|aIZA Discussion paper series |x1294en_US
dc.subject.jelD13en_US
dc.subject.jelJ26en_US
dc.subject.jelJ22en_US
dc.subject.jelH31en_US
dc.subject.ddc330en_US
dc.subject.keywordcollective household modelsen_US
dc.subject.keywordlabor supplyen_US
dc.subject.keywordretirementen_US
dc.subject.keywordsocial securityen_US
dc.subject.keywordidentificationen_US
dc.subject.stwÄltere Arbeitskräfteen_US
dc.subject.stwAltersgrenzeen_US
dc.subject.stwErwerbstätigkeiten_US
dc.subject.stwHaushaltsökonomiken_US
dc.subject.stwVereinigte Staatenen_US
dc.titleA Collective Retirement Model : Identification and Estimation in the Presence of Externalitiesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn464448042en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-

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