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How does women’s life satisfaction respond to retirement? A two-stage analysis

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  • Zhu, Rong
  • He, Xiaobo

Abstract

We quantify the adjustment of women’s life satisfaction to retirement as a two-stage process. The transition to retirement leads to an immediate increase in women’s life satisfaction. After becoming retired, their life satisfaction declines with the duration of retirement.

Suggested Citation

  • Zhu, Rong & He, Xiaobo, 2015. "How does women’s life satisfaction respond to retirement? A two-stage analysis," Economics Letters, Elsevier, vol. 137(C), pages 118-122.
    • Handle: RePEc:eee:ecolet:v:137:y:2015:i:c:p:118-122
    DOI: 10.1016/j.econlet.2015.11.002
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    References listed on IDEAS

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    5. Kadir Atalay & Garry F. Barrett, 2015. "The Impact of Age Pension Eligibility Age on Retirement and Program Dependence: Evidence from an Australian Experiment," The Review of Economics and Statistics, MIT Press, vol. 97(1), pages 71-87, March.
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    Cited by:

    1. Rosangela Bando & Sebastian Galiani & Paul Gertler, 2020. "The Effects of Noncontributory Pensions on Material and Subjective Well-Being," Economic Development and Cultural Change, University of Chicago Press, vol. 68(4), pages 1233-1255.
    2. Anita Abramowska-Kmon & Wojciech Łątkowski, 2021. "The Impact of Retirement on Happiness and Loneliness in Poland—Evidence from Panel Data," IJERPH, MDPI, vol. 18(18), pages 1-15, September.
    3. Dusanee Kesavayuth & Robert E Rosenman & Vasileios Zikos, 2022. "Leaving the labor market: Exit routes, personality traits and well-being," PLOS ONE, Public Library of Science, vol. 17(3), pages 1-20, March.
    4. Andrew E Clark & Rong Zhu, 2024. "Taking Back Control? Quasi-Experimental Evidence on the Impact of Retirement on Locus of Control," The Economic Journal, Royal Economic Society, vol. 134(660), pages 1465-1493.
    5. Austen, Siobhan & Kalsi, Jaslin Kaur & Mavisakalyan, Astghik, 2022. "Retirement and the distribution of intra-household wellbeing," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
    6. Yoshinori Nishimura & Masato Oikawa & Hiroyuki Motegi, 2018. "What Explains The Difference In The Effect Of Retirement On Health? Evidence From Global Aging Data," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 792-847, July.
    7. Joachim Merz, 2022. "Are Retirees More Satisfied? Anticipation and Adaptation Effects: A Causal Panel Analysis of German Statutory Insured and Civil Service Pensioners," SOEPpapers on Multidisciplinary Panel Data Research 1163, DIW Berlin, The German Socio-Economic Panel (SOEP).
    8. Zhu, Rong, 2021. "Retirement and voluntary work provision: Evidence from the Australian Age Pension reform," Journal of Economic Behavior & Organization, Elsevier, vol. 190(C), pages 674-690.
    9. Zhu, Rong, 2016. "Retirement and its consequences for women's health in Australia," Social Science & Medicine, Elsevier, vol. 163(C), pages 117-125.
    10. Kadir Atalay & Garry Barrett, 2022. "Retirement routes and the well-being of retirees," Empirical Economics, Springer, vol. 63(5), pages 2751-2784, November.

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    More about this item

    Keywords

    Retirement; Life satisfaction; Pension age eligibility;
    All these keywords.

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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