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The Influence of Marital Status and Spousal Employment on Retirement Behavior in Germany and Spain
[journal article]
Abstract This article analyzes the impact of marital status and spousal employment on the timing of retirement in Germany and Spain. Retirement behavior is examined by means of event–history models, with a competing risks framework being used to distinguish between voluntary and involuntary work-exit transit... view more
This article analyzes the impact of marital status and spousal employment on the timing of retirement in Germany and Spain. Retirement behavior is examined by means of event–history models, with a competing risks framework being used to distinguish between voluntary and involuntary work-exit transitions. To take account of the role of social policies, we adopt a comparative approach. Data are drawn from a 2006 special retirement module implemented analogously in national labor force surveys. The results show that spousal labor market participation plays a large role in work-exit transitions, even when retirement is involuntary. This finding questions the widespread belief that coretirement is exclusively due to preference for joint retirement shared among spouses. Moreover, widows and widowers tend to retire prematurely in Germany, whereas no such effect could be found in Spain. This finding is explained by reference to specific economic incentives arising from national pension legislation.... view less
Keywords
retirement; marital status; divorce; life career; retirement age; labor force participation; retirement planning; pension policy; Federal Republic of Germany; Spain
Classification
Gerontology
Family Sociology, Sociology of Sexual Behavior
Free Keywords
Widowhood; Life course; Survival analysis; German Mikrozensus (MZ) 2006; Spanish Labor Force Survey (EPA) 2006
Document language
English
Publication Year
2015
Page/Pages
p. 361-387
Journal
Research on Aging, 37 (2015) 4
DOI
https://doi.org/10.1177/0164027514536403
ISSN
1552-7573
Status
Postprint; peer reviewed
Licence
Deposit Licence - No Redistribution, No Modifications