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Pension reforms and couples’ labour supply decisions

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  • Moghadam, Hamed Markazi
  • Puhani, Patrick A.
  • Tyrowicz, Joanna

Abstract

This study examines how retirement options for husbands and wives impact their labour supply decisions using a regression discontinuity design. In the context of German pension reforms, which have tightened early retirement possibilities, we find that coordination in retirement decisions between spouses was more prevalent and symmetrical before the reforms, but less so after. This sheds light on the role of early retirement possibilities in shaping couples’ reactions to one spouse’s retirement age.

Suggested Citation

  • Moghadam, Hamed Markazi & Puhani, Patrick A. & Tyrowicz, Joanna, 2024. "Pension reforms and couples’ labour supply decisions," Labour Economics, Elsevier, vol. 91(C).
  • Handle: RePEc:eee:labeco:v:91:y:2024:i:c:s0927537124001234
    DOI: 10.1016/j.labeco.2024.102627
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    More about this item

    Keywords

    Retirement coordination; Labour market participation; Household decisions; Regression discontinuity design;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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