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dc.contributor.authorMerkurieva, Irina
dc.date.accessioned2023-09-05T11:30:10Z
dc.date.available2023-09-05T11:30:10Z
dc.date.issued2023-12
dc.identifier292863481
dc.identifier57132f53-1fe2-410e-a7e5-39e08d58cc45
dc.identifier85169534699
dc.identifier.citationMerkurieva , I 2023 , ' Retirement coordination and leisure complementarity ' , Labour Economics , vol. 85 . https://doi.org/10.1016/j.labeco.2023.102431en
dc.identifier.otherORCID: /0000-0003-2240-0489/work/142064454
dc.identifier.urihttps://hdl.handle.net/10023/28312
dc.description.abstractEmpirical evidence suggests that in a large fraction of working couples spouses retire within a short period of time. This retirement coordination is frequently attributed to leisure complementarities. Contrary to this view, I find strong substitutability between the leisure of the two household members. Using a dynamic programming model of optimal retirement and labor supply decisions, I further show that high levels of retirement coordination can be observed even in the absence of leisure complementarity. Retirement coordination is higher in the households with more equality in the earnings profiles and utility derived from the leisure of their individual members.
dc.format.extent1248284
dc.language.isoeng
dc.relation.ispartofLabour Economicsen
dc.subjectRetirementen
dc.subjectLeisure complementarityen
dc.subjectIntertemporal household choiceen
dc.subjectHB Economic Theoryen
dc.subjectEen
dc.subject.lccHBen
dc.titleRetirement coordination and leisure complementarityen
dc.typeJournal articleen
dc.contributor.institutionUniversity of St Andrews. Economics (Business School)en
dc.identifier.doi10.1016/j.labeco.2023.102431
dc.description.statusPeer revieweden


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