Retirement and Home Production: A Regression Discontinuity Approach
利用法国最早退休年龄法律作为断点,研究夫妻双方退休对各自家庭生产时间的影响,发现退休增加自身家庭生产时间且男性增幅更大,女性退休会减少男性家庭生产时间。
Existing studies show that individuals who retire replace some private consumption with home production, but do not consider joint behavior of couples. Here we analyze the causal effect of retirement of each partner on hours of home production for both partners in a couple. Our identification strategy exploits the earliest age retirement laws in France, enabling a fuzzy regression discontinuity approach. We find that own retirement significantly increases own hours of home production and the effect is larger for men than for women. Moreover, retirement of the female partner significantly reduces male hours of home production but not vice versa.