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Cited by 300

The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.

The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach

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Battistin, Erich, Brugiavini, Agar, Rettore, Enrico, Weber, Guglielmo·2009·American Economic Review

Abstract

We investigate the size of the consumption drop at retirement in Italy by exploiting pension eligibility information to correct for endogenous retirement. We take a regression discontinuity approach and assume that spending would be smooth around pension eligibility if individuals did not retire. We estimate a 9.8 percent drop associated to retirement. This fall is not driven by liquidity problems for the less well off and can be accounted for by drops in work-related expenses. Retirement also induces a significant drop in the number of grown children living with their parents and this explains most of the retirement consumption drop. (JEL D91, E21, J26, J31)

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Metadata

Authors
Battistin, E., Brugiavini, A., Rettore, E., & Weber, G.
Venue
American Economic Review
Published
2009-12-01
Volume
99
Issue
5
Pages
2209-2226
ISSN
0002-8282 (ISSN-L)
OpenAlex
W2082506146
Cited by
300
References
2
FWCI
56.24
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach. https://app.cochat.ai/papers/10.1257/aer.99.5.2209
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Battistin, E., Brugiavini, A., Rettore, E., & Weber, G. (2009). The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach. American Economic Review. https://doi.org/10.1257/aer.99.5.2209

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