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Replication data for: The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach

Version
1
Resource Type
Dataset
Creator
  • Battistin, Erich
  • Brugiavini, Agar
  • Rettore, Enrico
  • Weber, Guglielmo
Publication Date
2009-12-01
Description
  • 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)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.99.5.2209 (Text)
Publications
  • Battistin, Erich, Agar Brugiavini, Enrico Rettore, and Guglielmo Weber. “The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach.” American Economic Review 99, no. 5 (December 2009): 2209–26. https://doi.org/10.1257/aer.99.5.2209.
    • ID: 10.1257/aer.99.5.2209 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Battistin, Erich; Brugiavini, Agar; Rettore, Enrico; Weber, Guglielmo (2009): Replication data for: The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E113349V1