The Effect of Residential Location on Retirement Age: Theory and Some Evidence on Male Behaviour in the US

González Chapela, Jorge

Resumen: Retirement age choice is introduced into a conventional model of residential location to show that the retirement age of workers who do not move after retirement can be influenced by the urban variation of leisure and housing prices. A retirement demand equation that incorporates commuting characteristics is estimated on a sample of US urban male owners interviewed by the Panel Study of Income Dynamics. It is found that commuters retire around two years earlier than comparable home-based workers, although the evidence provides no support for this gap to be the result of differences in leisure or housing prices across both groups.

Idioma: Inglés

DOI: 10.1177/0042098011423566

Año: 2012

Publicado en: URBAN STUDIES 49, 10 (2012), 2153-2168
ISSN: 0042-0980

Factor impacto JCR: 1.493 (2012)

Categ. JCR: URBAN STUDIES rank: 9 / 38 = 0.237 (2012) - Q1 - T1
Categ. JCR: ENVIRONMENTAL STUDIES rank: 37 / 93 = 0.398 (2012) - Q2 - T2

Tipo y forma: Article (PrePrint)