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Title: Retirement in a Family Context: A Structural Model for Husbands and Wives
Resulting in 1 citation.
1. Gustman, Alan L.
Steinmeier, Thomas L.
Retirement in a Family Context: A Structural Model for Husbands and Wives
NLS Discussion Paper No. 94-17, Washington DC: U.S. Bureau of Labor Statistics, January 1994.
Also: NBER Working Paper No. 4629, National Bureau of Economic Research, January 1994.
Cohort(s): Mature Women
Publisher: U.S. Department of Labor
Keyword(s): Husbands; Modeling; Retirement/Retirement Planning; Wives

This paper specifies and estimates a structural model of the retirement decisions of husbands and wives. The feature of the data that is of central interest to us is the tendency of husbands and wives to retire together. An econometric approach is developed for estimating preferences of both spouses jointly and is implemented using data from the National Longitudinal Survey of Mature Women (NLS), a survey that provides the most recent data available for a joint retirement study. Alternative specifications of joint decision making are tested, and the importance of various sources of interdependence in decision making are investigated. See also: http://nberws.nber.org/papers/W4629
Bibliography Citation
Gustman, Alan L. and Thomas L. Steinmeier. "Retirement in a Family Context: A Structural Model for Husbands and Wives." NLS Discussion Paper No. 94-17, Washington DC: U.S. Bureau of Labor Statistics, January 1994.