Do single women value early retirement more than single men?
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Do single women value early retirement more than single men? / Danø, Anne Møller; Ejrnæs, Mette; Husted, Leif.
In: Labour Economics, Vol. 12, No. 1, 2005, p. 47-71.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Do single women value early retirement more than single men?
AU - Danø, Anne Møller
AU - Ejrnæs, Mette
AU - Husted, Leif
N1 - JEL Classification: C23, J14, J16, J26
PY - 2005
Y1 - 2005
N2 - The focus of this paper is to analyse why a large fraction of single elderly people choose to retire early. A structural model directly based on the individual decision of labour supply is estimated on a sample of singles, where singles are defined as those who are living alone. We find that income and health are important determinants of the retirement decision. Furthermore, we find substantial gender differences in the retirement pattern. Healthy single women value retirement more than healthy single men and are willing to reduce their disposable income to 74% of their previous income while men are willing to reduce the income to 81%. Men's retirement decision is mainly influenced by income and health, whereas women's retirement decision is also affected by education and unemployment experience
AB - The focus of this paper is to analyse why a large fraction of single elderly people choose to retire early. A structural model directly based on the individual decision of labour supply is estimated on a sample of singles, where singles are defined as those who are living alone. We find that income and health are important determinants of the retirement decision. Furthermore, we find substantial gender differences in the retirement pattern. Healthy single women value retirement more than healthy single men and are willing to reduce their disposable income to 74% of their previous income while men are willing to reduce the income to 81%. Men's retirement decision is mainly influenced by income and health, whereas women's retirement decision is also affected by education and unemployment experience
KW - Faculty of Social Sciences
KW - retirement
KW - gender differences
KW - singles
KW - panel data
U2 - 10.1016/j.labeco.2004.03.002
DO - 10.1016/j.labeco.2004.03.002
M3 - Journal article
VL - 12
SP - 47
EP - 71
JO - Labour Economics
JF - Labour Economics
SN - 0927-5371
IS - 1
ER -
ID: 94038