Couple’s Behaviour in the Brazilian Labour Market: the Influence of Social Security and Individual Characteristics on Married Individuals’ Labour Supply Decisions
نویسندگان
چکیده
In recent years, a large number of studies have investigated the relationship between social security benefits and male retirement decisions in developed countries. However, women’s and couples’ labour supply decisions and the patterns of withdrawal from the labour force in emerging economies are much less studied. This paper uses Brazilian data from 1998 to 2008 to examine how social security financial incentives and personal characteristics affects one’s own and spouses’ retirement decisions. Our results suggested that couples synchronize retirement and that they respond similarly to their own characteristics. We also find that wives are more responsive to husbands’ incentives than vice-versa.
منابع مشابه
Retirement Incentives and Couples ’ Labour Supply Decisions
The Brazilian population has been showing signs of major changes in the past few decades. According to the United Nations, the average age of the population in Brazil is projected to be 47.5 years by 2050, compared to 19.2 years in 1950. The length of working life has fallen over time, due to both increases in educational attainment (thus fewer younger workers) and changes in retirement behavio...
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