THE EFFECT OF INCENTIVE‐INDUCED RETIREMENT ON SPOUSAL RETIREMENT RATES: EVIDENCE FROM A NATURAL EXPERIMENT

C-Tier
Journal: Economic Inquiry
Year: 2019
Volume: 57
Issue: 2
Pages: 910-930

Authors (3)

Hans Bloemen (Vrije Universiteit Amsterdam) Stefan Hochguertel (not in RePEc) Jochem Zweerink (not in RePEc)

Score contribution per author:

0.335 = (α=2.01 / 3 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We identify, quantify, and explain the impact of incentive‐induced early retirement (ER) of husbands on their wives' probability to retire within 1 year, using administrative data from the Netherlands. Our identification strategy is based on a policy intervention by which targeted individuals working at the central government level became unexpectedly and temporarily eligible for very generous ER benefits. This retirement window of opportunity implied for interested workers that transitions from the current job into full retirement had to be effected swiftly and irreversibly. We find that induced ER of husbands increased their wives' probability to retire by 10 percentage points. This is a strong and robust local average treatment effect. Partly, the effect runs through wives at ages when they may have been eligible for ER programs themselves. (JEL C26, J26, J120, J140)

Technical Details

RePEc Handle
repec:bla:ecinqu:v:57:y:2019:i:2:p:910-930
Journal Field
General
Author Count
3
Added to Database
2026-01-24