Retirement Behaviour of Dutch Elderly Households: Diversity in Rteirement Patterns Accross Different Household Types
Tinbergen Institute Working Paper No. 2002-073/3
35 Pages Posted: 20 Nov 2002
Date Written: May 24, 2002
This paper aims to assess the relative importance of differences in behavioural responses to financial incentives in explaining the observed variation in retirement behaviour across different types of households. We specify and estimate models for singles and married couples and estimate these on data from the Dutch Socio-Economic Panel. Model estimates are used to decompose the observed differences in retirement trends of the different demographic subgroups into differences in preferences and differences in the availability and generosity of the retirement options.
Keywords: Optimal stopping, household retirement
JEL Classification: J26
Suggested Citation: Suggested Citation