Scandinavian Working Papers in Economics

Working Papers in Economics,
University of Bergen, Department of Economics

No 02/02: Gender Differences in Early Retirement Behaviour

Svenn-Åge Dahl (), Øivind Anti Nilsen () and Kjell Vaage ()
Additional contact information
Svenn-Åge Dahl: Foundation for Research in Economics and Business Administration (SNF), Postal: Breiviksveien 40, N-5045 Bergen, Norway
Øivind Anti Nilsen: University of Bergen, Department of Economics, Postal: Hermann Fossgt. 6, N-5007 Bergen, Norway
Kjell Vaage: University of Bergen, Department of Economics, Postal: Hermann Fossgt. 6, N-5007 Bergen, Norway

Abstract: In this paper we analyse early retirement for men and women focusing on family characteristics such as marital status, spouse income and wealth, and spouses’ labour market status. The female participation rate is high in Norway, implying that the country is particularly suitable for the study of gender differences in the early retirement behaviour. At our disposal we have administrative data that include information on individuals aged between 55 and 61 years in 1989. The individuals are followed until the end of 1995, with the aim of determining the predictors of different early retirement states. The results of a competing risk model indicate that women are less likely to take early retirement compared to men and that these differences are due to both different characteristics and different behaviour.

Keywords: Early retirement; gender differences; labour force participation.

JEL-codes: C23; C25; J26

37 pages, January 14, 2002

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