UNDERSTANDING JOINT RETIREMENT DECISIONS IN COUPLES

了解夫妻共同退休的决定

• 批准号: 7645777
• 负责人: RICHARD BLUNDELL
• 金额: $ 34.8万
• 依托单位: RAND CORPORATION
• 依托单位国家: 美国
• 资助国家: 美国
• 起止时间: 至
• 项目状态: 未结题
• 来源: https://reporter.nih.gov/project-details/7645777
• 关键词: Age; Aging; Caring; Country; Couples; Data; Data Sources; Disability Insurance; Documentation; Event; Family health status; Health; Health Insurance; Health Status; Healthcare; Incentives; Incidence; Individual; Insurance; Joints; Longitudinal Studies; Measurement; Modeling; Nature; Pensions; Rate; Research; Retirement; Scheme; Social Security; Specific qualifier value; Spouses; Structure; System; Taste Perception; Time; Variant; Work; aged; caregiving; comparative; cost; data modeling; disability; driving force; health economics; preference; programs; social

The key objective of the proposed research is to understand the separate impact of health status, social security and disability programs, employer pension incentives, spousal care giving, and preferences for joint leisure on the retirement decisions of individuals in couples. The detailed health and economic data in the English Longitudinal Study of Aging (ELSA) and the Health and Retirement Study (HRS) provide a unique opportunity for this analysis and are also ideal for the comparative work proposed here. The UK provides a particularly useful point of comparison with the US as many couples approaching retirement in the UK have quite different combinations of public and private pensions with quite different structures with respect to accrual rates, early retirement dates and normal retirement dates. Among those aged 50-65 in couples in the UK, the first data from ELSA have already shown the variety of pension arrangements. This is the first data source in the UK to allow such a careful analysis. Also the incentives in the disability system and the way they interact with other components of social insurance are quite different in the UK, and will help distinguish disability insurance incentives from the direct impact of health events on retirement decisions by couples. The complicated interactions between the financial incentives available to older individuals in couples and the measurement of their health status make careful modeling and detailed longitudinal data essential. ELSA and HRS fulfill both of these requirements. We propose two alternative approaches to modeling joint retirement decisions and the impact of health, family considerations, and retirement incentives: a quasi-reduced form panel data model and a fully specified collective dynamic programming model.

拟议研究的主要目标是了解健康状况、社会保障和残疾计划、雇主养老金激励、配偶照顾以及共同休闲偏好对夫妇个人退休决定的单独影响。英国老龄化纵向研究（ELSA）和健康与退休研究（HRS）中详细的健康和经济数据为这种分析提供了独特的机会，也是此处提出的比较工作的理想选择。英国提供了一个与美国特别有用的比较点，因为许多在英国即将退休的夫妇拥有截然不同的公共和私人养老金组合，在应计利率、提前退休日期和正常退休日期方面的结构也截然不同。在英国50-65岁的夫妇中，ELSA的第一份数据已经显示了养老金的多样性 安排。这是英国第一个允许进行如此仔细分析的数据源。此外，英国的残疾制度激励措施及其与社会保险其他组成部分的互动方式也有很大不同，这将有助于将残疾保险激励措施与健康事件对夫妇退休决定的直接影响区分开来。夫妻中老年人可获得的经济激励与社会福利之间复杂的相互作用 对他们健康状况的测量使得仔细的建模和详细的纵向数据变得至关重要。 ELSA 和 HRS 满足这两个要求。我们提出了两种替代方法来对联合退休决策以及健康、家庭考虑和退休激励的影响进行建模：准简化形式的面板数据模型和完全指定的集体动态规划模型。