CAREGIVING RESPONSIBILITIES AND THE RETIREMENT DECISION

这项研究将探讨以下因素之间的关系： 退休的责任和退休的决定。重点将 个人面临的三种责任 临近退休年龄：年迈的父母，体弱的配偶， 孙子现有文献记载了财政激励措施 影响退休决定（例如，养老金、社会保障）;一 拟议研究的目标是考虑非金钱激励， 对行为的影响虽然现有的文学作品 记录了失业对劳动力参与的影响 决定，这一文献的重点一直是工作的母亲， 有学龄前儿童和配偶离异的所有年龄段， 对退休年龄的人很少特别关注。因此另一 拟议研究的目标是特别关注那些 都可能面临着一个共同的行为决定， 退休 这些决定的相互关系需要一个模型， 内生决策 本研究将按以下步骤进行：1） 研究退休决定与退休决定之间的联系， 调查两个决定之间的内在联系，2）修改一个 退休的动态“基本情况”行为模型， 3）模拟对劳动力参与的影响 公共和公司政策的变化与裁员有关。的 分析中使用的主要数据集是HRS和AHEAD 调查。HRS是分析的自然选择，因为它 在感兴趣的年龄范围内的大样本个体（可能是 面临退休和退休的决定）。它还含有丰富的 在个人层面收集财务信息， 模型将侧重于非金钱激励的影响，同时仍然 控制财务影响已显示在以前 研究是非常重要的。

The proposed research will investigate the relationship between caregiving responsibilities and the retirement decision. The focus will be on three types of caregiving responsibilities facing individuals nearing retirement age: elderly parents, infirmed spouses, and grandchildren. Existing literature documents the financial incentives affecting the retirement decision (e.g., pensions, Social Security); one goal of the proposed research is to consider non-pecuniary incentives and their effect on behaviors. While existing caregiving literature has documented the effects of caregiving on labor force participation decisions, the focus of this literature has been on working mothers of all ages with preschool age children and on spousal caregiving, with little specific attention to retirement age individuals. Thus another goal of the proposed research is to focus specifically on individuals who are potentially facing a joint behavioral decision of caregiving and retirement. The interrelation of these decisions will require a model of endogenous decisionmaking. The research will proceed as follows: 1) examine the links between the caregiving and retirement decisions and investigate the endogeneity between the two decisions, 2) modify a dynamic "base case" behavioral model of retirement to incorporate the caregiving decision, 3) simulate the effects on labor force participation of changes in public and corporate policy related to caregiving. The principal datasets to be used in the analysis are the HRS and AHEAD surveys. The HRS is a natural choice for the analysis because of its large sample of individuals in the age range of interest (likely to be facing caregiving and retirement decisions). It also contains a rich collection of financial information at the individual level, so that the model will focus on the effects of non-pecuniary incentives while still controlling for the financial effects which have been shown in previous studies to be quite important.