Replication data for: When They're Sixty-Four: Peer Effects and the Timing of Retirement
Principal Investigator(s): View help for Principal Investigator(s) Kristine M. Brown; Ron A. Laschever
Version: View help for Version V1
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AEJApp_2011_0132_data_and_programs | 10/12/2019 04:05:PM | ||
LICENSE.txt | text/plain | 14.6 KB | 10/12/2019 12:05:PM |
Project Citation:
Brown, Kristine M., and Laschever, Ron A. Replication data for: When They’re Sixty-Four: Peer Effects and the Timing of Retirement. Nashville, TN: American Economic Association [publisher], 2012. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113831V1
Project Description
Summary:
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This paper examines the effect of peers on an individual's likelihood of retirement using an administrative dataset of all retirement-eligible Los Angeles teachers for the years 1998-2001. We use two large unexpected pension reforms that differentially impacted financial incentives within and across schools to construct an instrument for others' retirement decisions. Controlling for individual and school characteristics, we find that the retirement of an additional teacher in the previous year at the same school increases a teacher's own
likelihood of retirement by 1.5-2 percentage points. We then explore some possible mechanisms through which this effect operates. (JEL H75, I21, J14, J26, J45)
Scope of Project
JEL Classification:
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H75 State and Local Government: Health; Education; Welfare; Public Pensions
I21 Analysis of Education
J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
J26 Retirement; Retirement Policies
J45 Public Sector Labor Markets
H75 State and Local Government: Health; Education; Welfare; Public Pensions
I21 Analysis of Education
J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
J26 Retirement; Retirement Policies
J45 Public Sector Labor Markets
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