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

See all articles by Mauro Mastrogiacomo

Mauro Mastrogiacomo

De Nederlansdche Bank (DNB); Vrije Universiteit Amsterdam, School of Business and Economics

Rob Alessie

Utrecht University - School of Economics; VU University Amsterdam - Department of Economics

Maarten Lindeboom

Vrije Universiteit Amsterdam; Tinbergen Institute Amsterdam; IZA Institute of Labor Economics

Date Written: May 24, 2002

Abstract

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

Mastrogiacomo, Mauro and Alessie, R.J.M. (Rob) and Lindeboom, Maarten, Retirement Behaviour of Dutch Elderly Households: Diversity in Rteirement Patterns Accross Different Household Types (May 24, 2002). Tinbergen Institute Working Paper No. 2002-073/3. Available at SSRN: https://ssrn.com/abstract=321021 or http://dx.doi.org/10.2139/ssrn.321021

Mauro Mastrogiacomo (Contact Author)

De Nederlansdche Bank (DNB) ( email )

PO Box 98
1000 AB Amsterdam
Amsterdam, 1000 AB
Netherlands

Vrije Universiteit Amsterdam, School of Business and Economics ( email )

De Boelelaan 1105
Amsterdam, 1081HV
Netherlands
+31(0)20 444 6037 (Phone)
+31(0)20 444 6004 (Fax)

R.J.M. (Rob) Alessie

Utrecht University - School of Economics ( email )

Kriekenpitplein 21-22
Adam Smith Building
Utrecht, 3584 EC
Netherlands
31 30 253 9814 (Phone)
31 30 253 7373 (Fax)

HOME PAGE: http://www2.econ.uu.nl/users/alessie/

VU University Amsterdam - Department of Economics ( email )

De Boelelaan 1105
1081 HV Amsterdam
Netherlands
+31 20 444 6047 (Phone)
+31 20 444 6005 (Fax)

Maarten Lindeboom

Vrije Universiteit Amsterdam ( email )

De Boelelaan 1105
1081 HV Amsterdam
Netherlands
+31 20 444 6033 (Phone)
+31 20 444 6020 (Fax)

Tinbergen Institute Amsterdam

Gustav Mahlerplein 117
Amsterdam, 1082 MS
Netherlands

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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