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Joint retirement behaviour and pension reform in the Netherlands

Joint retirement behaviour and pension reform in the Netherlands
Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20220034296
003  MAP
005  20221121101953.0
008  221121e20221031esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎40
1001 ‎$0‎MAPA20130017778‎$a‎Nagore García, Amparo
24510‎$a‎Joint retirement behaviour and pension reform in the Netherlands‎$c‎Amparo Nagore García
520  ‎$a‎We examine the effects of a major pension reform in 2015 on the joint retirement decisions of working couples in the Netherlands. The reform abolished the partner allowance, a state pension supplement for a nonworking partner below the state pension age. At the same time, actuarially generous early retirement arrangements were made less attractive. Using rich administrative data, we estimate a multivariate mixed proportional hazards model that distinguishes between several sources of joint retirement: financial incentives, other causal mechanisms that make retirement of one spouse more likely when the other spouse retires (e.g., due to complementarities in leisure or social norms) and correlated preferences (observed and unobserved heterogeneity). We find that, conditional on observed and unobserved characteristics, the reform reduced the tendency to retire jointly and argue that this is not only due to a change in financial incentives but also to a change in the social norm.
540  ‎$a‎La copia digital se distribuye bajo licencia "Attribution 4.0 International (CC BY 4.0)"‎$f‎‎$u‎https://creativecommons.org/licenses/by/4.0‎$9‎43
650 4‎$0‎MAPA20080552114‎$a‎Pensiones
650 4‎$0‎MAPA20080554927‎$a‎Jubilación
651 1‎$0‎MAPA20100018682‎$a‎Países Bajos
7730 ‎$w‎MAP20210010194‎$g‎31/10/2022 Volumen 23 - 2022 , 14 p.‎$t‎The Journal of the economics of ageing ‎$d‎Oxford : Elsevier ScienceDirect, 2021-
856  ‎$q‎application/pdf‎$w‎1118215‎$y‎Recurso electrónico / Electronic resource