Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/192387 
Authors: 
Year of Publication: 
2005
Series/Report no.: 
Discussion Papers No. 405
Publisher: 
Statistics Norway, Research Department, Oslo
Abstract: 
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.
Subjects: 
Household Retirement
Dynamic Programming
JEL: 
J26
Document Type: 
Working Paper

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