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
Open accessAbstract
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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Identification and estimation of local average treatment effects
Imbens, G. W., & Angrist, J. D. (1994) · Econometrica · doi:10.2307/2951620 · Cited by 4,101
Regression-discontinuity analysis: An alternative to the ex post facto experiment.
Thistlethwaite, D. L., & Campbell, D. T. (1960) · Journal of Educational Psychology · doi:10.1037/h0044319 · Cited by 1,469
Cited by
Kitamura, T., & Adachi, Y. (2024) · The Journal of the Economics of Ageing · doi:10.1016/j.jeoa.2024.100536 · Cited by 3
Metadata
- Authors
- Battistin, E., Brugiavini, A., Rettore, E., & Weber, G.
- Venue
- American Economic Review
- Publisher
- American Economic Association
- 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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