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Full-Text Articles in Social and Behavioral Sciences
Retirement Patterns Of Couples In Europe, Laura Hospido, Gema Zamarro
Retirement Patterns Of Couples In Europe, Laura Hospido, Gema Zamarro
Gema Zamarro
In this paper we study the retirement patterns of couples in a multi-country setting using data from the Survey of Health, Aging and Retirement in Europe. In particular, we test whether women's (men's) transitions out of the labor force are directly related to the actual realization of their husbands' (wives') transition, using the institutional variation in country-specific early and full statutory retirement ages to instrument the latter. Exploiting the discontinuities in retirement behavior across countries, we find a significative joint retirement effect, especially for women, of around 16 to 18 percentage points. For men, we find a similar but less …
Dimensions Of Subjective Wellbeing, Arie Kapteyn, Jinkook Lee, Caroline Tassot, Hanka Vonkova, Gema Zamarro
Dimensions Of Subjective Wellbeing, Arie Kapteyn, Jinkook Lee, Caroline Tassot, Hanka Vonkova, Gema Zamarro
Gema Zamarro
We use two waves of a population based survey (the RAND American Life Panel) to investigate the relations between various evaluative and experienced well-being measures based on the English Longitudinal Study of Aging, the Gallup Wellbeing Index, and a 12-item hedonic well-being module of the Health and Retirement Study. In a randomized set-up we administered several versions of the survey with different response scales. Using factor analysis, we find that all evaluative measures load on the same factor, but the positive and negative experienced affect measures load on different factors. We find evidence of an effect of response scales on …
A Longitudinal Study Of Well-Being Of Older Europeans: Does Retirement Matter?, Raquel Fonseca, Arie Kapteyn, Jinkook Lee, Gema Zamarro, Kevin Feeney
A Longitudinal Study Of Well-Being Of Older Europeans: Does Retirement Matter?, Raquel Fonseca, Arie Kapteyn, Jinkook Lee, Gema Zamarro, Kevin Feeney
Gema Zamarro
We examine determinants of financial and subjective well-being, in particular poverty and depression, among older individuals in Europe. We do so using the 2004, 2006, and 2010 waves of the Survey of Health Ageing and Retirement in Europe and estimating dynamic panel data and binary choice transition models. We find a number of common effects across financial and subjective well-being. Unemployment, disabilities, serious health conditions, lower education, being female, and not being married increase the probability of poverty or depression. Conversely, healthy individuals, those with higher levels of education, males, and married individuals have higher probabilities of exiting poverty or …