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

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R.J.M. (Rob) Alessie

Utrecht University - School of Economics ( email )

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

VU University Amsterdam - Department of Economics ( email )

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Maarten Lindeboom

Vrije Universiteit Amsterdam ( email )

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Tinbergen Institute Amsterdam

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IZA Institute of Labor Economics

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