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oai:www.ideals.illinois.edu:2142/70748 2023-07-11 col_2142_5131 col_2142_14830 com_2142_5130 com_2142_14829 com_2142_8903

Campione, Wendy Ann 2014-12-16T04:04:59Z 2014-12-16T04:04:59Z 10000-01-01 1984 1984 The retirement decision of dual-earner families is becoming increasingly important in terms of economic issues and public policy. A theoretical optimization model is developed of the dual-earner retirement decision. The model determines the optimal ages of retirement for both husband and wife. The decision is made a function of economic variables, health and control variables. To estimate the model, a simultaneous multivariate logit model developed by Nerlove and Press is used. Detailed examination of this model and an extensive discussion of the computer program is also given. The sample used in the estimation was derived from the University of Michigan's Panel Study, 1968-1979 using the 1979 wave. A methodological comparison of the simple logit, conditional logit and simultaneous logit models is included. The results demonstrate that there is significant simultaneity in the decisions with respect to retirement of the husband and wife within the dual-earner family. Economic variables and health variables were found to significantly affect the decision. Made available in DSpace on 2014-12-16T04:04:59Z (GMT). No. of bitstreams: 1 8502089.pdf: 10392919 bytes, checksum: 02c289b346020287bb1d1ad2d1aee599 (MD5) Previous issue date: 1984 Embargo set by: Seth Robbins for item 70914 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs U of I Only 356 p. Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1984. http://hdl.handle.net/2142/70748 (UMI)AAI8502089 Economics, Labor A Simultaneous Logit Model of the Dual-Earner Retirement Decision text Economics Economics University of Illinois at Urbana-Champaign Dissertation Ph.D.