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I employ household-level data over 2006-2017 to quantify the impact of retirement on gasoline consumption. Based on a … find that the probability to use any gasoline decreases by 5-6 percent at retirement (13-16 percent for single …
Persistent link: https://www.econbiz.de/10014450862
considered as a major spending item in a household budget. From 1998 through 2010, there has been an increasing trend of … transfers going from older households (those where at least one member of the household is ages 50 and above) to their family …
Persistent link: https://www.econbiz.de/10013020778
In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … criterion to rank them but that the retirement motive is the most important saving motive of European households if the … importance of each saving motive, with saving for the retirement motive being less important in countries with generous public …
Persistent link: https://www.econbiz.de/10015047840
households. The data for this paper come from the Health and Retirement Study (HRS), a study of a nationally representative …
Persistent link: https://www.econbiz.de/10013000251
Persistent link: https://www.econbiz.de/10012839382
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from … so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife …
Persistent link: https://www.econbiz.de/10010204498
exists controversial empirical evidence showing that consumption declines at retirement. This paper investigates whether … there is evidence for this so-called Retirement Consumption Puzzle in Switzerland. Baseline regression discontinuity … endogeneity of retirement into account. The findings suggest that disposable income significantly decreases after retirement …
Persistent link: https://www.econbiz.de/10011384030
labor supply is not an effective intra-household insurance device for older households …
Persistent link: https://www.econbiz.de/10014139607
Research indicates significant roles for gradual transitions to full retirement and for coordination between spouses in … the typical retirement experience. However, there is little research exploring the potentially important interactions … between the two. This paper addresses this gap in the literature and provides a more robust understanding of retirement …
Persistent link: https://www.econbiz.de/10012823370
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from … so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife …
Persistent link: https://www.econbiz.de/10013073440