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Joint Retirement in Couples: Evidence of Complementarity in Leisure*
Scandinavian Journal of Economics ( IF 1.109 ) Pub Date : 2020-08-27 , DOI: 10.1111/sjoe.12427 Herman Kruse 1
Scandinavian Journal of Economics ( IF 1.109 ) Pub Date : 2020-08-27 , DOI: 10.1111/sjoe.12427 Herman Kruse 1
Affiliation
In this paper, I examine leisure complementarities in the joint retirement decisions of couples by quantifying the effect of the 2011 Norwegian pension reform. The reform abolished an earnings test on early retirement benefits for private-sector workers, but not for public-sector workers. I analyze population-wide registry data on labor market participation, and I consider couples where the focal partner works in the public sector with a spouse employed either in the private sector (treatment group) or the public sector (control group). I find that spousal spillovers account for over 40 percent of the aggregate employment effect for women. They claim fewer early retirement benefits, and both men and women pay additional labor income taxes. In total, government budgets improved by approximately $46 million as a result of the spousal spillover effect between 2012 and 2015.
中文翻译:
夫妻共同退休:休闲互补的证据*
在本文中,我通过量化 2011 年挪威养老金改革的影响,研究了夫妻共同退休决策中的休闲互补性。改革取消了对私营部门工人提前退休福利的收入测试,但没有对公共部门工人进行收入测试。我分析了关于劳动力市场参与的全人口登记数据,并考虑了配偶在公共部门工作,配偶在私营部门(治疗组)或公共部门(对照组)工作的夫妇。我发现配偶溢出效应占女性总就业影响的 40% 以上。他们要求的提前退休福利较少,而且男性和女性都要缴纳额外的劳动所得税。总共,
更新日期:2020-08-27
中文翻译:
夫妻共同退休:休闲互补的证据*
在本文中,我通过量化 2011 年挪威养老金改革的影响,研究了夫妻共同退休决策中的休闲互补性。改革取消了对私营部门工人提前退休福利的收入测试,但没有对公共部门工人进行收入测试。我分析了关于劳动力市场参与的全人口登记数据,并考虑了配偶在公共部门工作,配偶在私营部门(治疗组)或公共部门(对照组)工作的夫妇。我发现配偶溢出效应占女性总就业影响的 40% 以上。他们要求的提前退休福利较少,而且男性和女性都要缴纳额外的劳动所得税。总共,