In this paper, we investigate the way consumption changes around retirement in Italy. Using micro data covering the 1985–1996 period, we document the existence of a one-off drop in consumption at retirement of the household head, as in the UK and the US, but (at 5.44%) smaller in size, and show that consumption of work-related goods falls around retirement and home production of food and other goods increases.
Miniaci R., Monfardini C. , Weber G. (2010). How does consumption change upon retirement?. EMPIRICAL ECONOMICS, 38(2), 257-280 [10.1007/s00181-009-0265-y].
How does consumption change upon retirement?
MONFARDINI, CHIARA;
2010
Abstract
In this paper, we investigate the way consumption changes around retirement in Italy. Using micro data covering the 1985–1996 period, we document the existence of a one-off drop in consumption at retirement of the household head, as in the UK and the US, but (at 5.44%) smaller in size, and show that consumption of work-related goods falls around retirement and home production of food and other goods increases.File in questo prodotto:
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