Retirement Timing of Dual-Earner Couples in 11 European Countries? A Comparison of Cox and Shared Frailty Models

Hanne Preter (), Dorien Looy and Dimitri Mortelmans

Journal of Family and Economic Issues, 2015, vol. 36, issue 3, 396-407

Abstract: Retirement is not only an individual decision, it is a decision taken within a family system. The extent to which estimates of retirement predictors are biased by the clustering of older workers (50 years of age or older) into dual-earner households remains unclear. Using longitudinal data on 11 European countries from the first (2004/2005) and second (2006/2007) waves of the Survey on Health, Ageing and Retirement in Europe (SHARE), this study investigated the retirement timing of older workers aged 50+ living in dual-earner households in 11 European countries. We questioned how measures that are significantly related to retirement timing differ according to whether one takes into account the household context in the retirement analysis. The results showed that covariates that are dependent among partners (e.g., household size, educational level) changed the least between the Cox model and the shared frailty model. The effects of controlling for clustering between partners, although fairly modest, appeared to be important as they revealed a systematic pattern in the direction of bias in estimates that assume an independent sample. Copyright Springer Science+Business Media New York 2015

Keywords: Dual-earner households; Retirement timing; Cox models; Shared frailty models; SHARE (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hdl.handle.net/10.1007/s10834-014-9403-6 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jfamec:v:36:y:2015:i:3:p:396-407

Ordering information: This journal article can be ordered from
http://www.springer. ... es/journal/10834/PS2

DOI: 10.1007/s10834-014-9403-6

Access Statistics for this article

Journal of Family and Economic Issues is currently edited by Joyce Serido

More articles in Journal of Family and Economic Issues from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().