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dc.contributor.authorMavromaras, Kostas
dc.contributor.authorZhu, Rong
dc.date.accessioned2012-06-05T05:29:09Z
dc.date.available2012-06-05T05:29:09Z
dc.date.issued2011
dc.identifier.citationMavromaras, K.; Zhu, R. 2011. An examination of the effects of wealth and earned income on the decision to retire in the UK. Working Paper No. 177/2011.en
dc.identifier.urihttp://hdl.handle.net/2328/26075
dc.description.abstractThis paper investigates the impact of financial wealth and earned income on the retirement decision using data from the English Longitudinal Survey of Ageing. The estimation results from a random effect dynamic probit model show that housing wealth has virtually no impact on the decision to retire, while financial wealth encourages it and earned income discourages it. The retirement decision is also found to be state dependent, and this persistence is stronger for those retirees with lower housing wealth and lower financial wealth.en
dc.language.isoen
dc.publisherNational Institute of Labour Studiesen
dc.relation.ispartofseriesNILS Working Paper Series;No. 177/2011en
dc.subjectEmploymenten
dc.subjectRetirementen
dc.subjectEarningsen
dc.subjectIncomeen
dc.subjectWealthen
dc.titleNILS Working paper no 177. An examination of the effect of wealth and earned income on the decision to retire in the UKen
dc.typeWorking Paperen
dc.rights.licenseIn Copyright
local.contributor.authorOrcidLookupZhu, Rong: https://orcid.org/0000-0002-6872-1571en_US


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