Tag: married couple

asian chinese senior male barista teaching his daughter making coffee at cafe bar counter

Abstract In this paper, we use a novel duration model to study joint retirement in married couples using the Health and Retirement Study. Whereas conventionally used models cannot account for joint retirement, our model admits joint retirement with positive probability and nests the traditional proportional hazards model. In contrast to other statistical models for simultaneous…

Make sure you’re hydrated after exercising

Abstract A long and still growing strand of the retirement literature examines the role financial incentives play in the timing of the retirement decision.  A more recent second strand of work has focused on the role of health shocks in the retirement decision.  This paper combines these two components of the literature in order to…