Retirement Status and State Dependence: A Longitudinal Study of Older Men
区分了退休决策中的表观状态依赖与真实状态依赖，利用1969年58-62岁男性的两年纵向数据，通过误差成分模型和退休转换模型进行估计，发现存在显著的状态依赖效应。
This paper examines the role of state dependence in explaining the retirement status of older men. Following from the work of James Heckman and others, apparent and true state dependence are distinguished in a dynamic retirement model. Using a two year longitudinal sample of men aged 58 to 62 in 1969, apparent and true state dependence are controlled for through estimation of an error- components model and a retirement-transition model. The results indicate substantial evidence of state dependence. Copyright 1987 by University of Chicago Press.