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Grand-parenthood and retirement
Jönköping University, Jönköping International Business School, JIBS, Economics. Jönköping University, Jönköping International Business School, JIBS, Centre for Entrepreneurship and Spatial Economics (CEnSE).ORCID iD: 0000-0002-7572-1828
2024 (English)In: Labour Economics, ISSN 0927-5371, E-ISSN 1879-1034, Vol. 90, article id 102547Article in journal (Refereed) Published
Sustainable development
00. Sustainable Development, 1. No poverty, 10. Reduced inequalities
Abstract [en]

This paper uses Swedish administrative data to examine the impact of grandparenthood on retirement behaviour. For causal identification, I exploit conditionally random variation in the births of first grandchildren using an event study design. The results show a significant increase in the retirement probability for grandmothers and grandfathers when the first grandchild is born, with no significant differences between them. The effects of the arrival of the grandchild on retirement increase over time after the grandchild is born. The incremental effects are larger among grandparents in the upper half of the earnings distribution than among their counterparts. The findings suggest that grandparenthood makes grandfathers and grandmothers less elastic to financial incentives and other regulations that also promote longer working lives in a country with generous family policies, such as Sweden. 

Place, publisher, year, edition, pages
Elsevier, 2024. Vol. 90, article id 102547
Keywords [en]
Event study, Grandchildren, Grandparents, Retirement decision
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-64176DOI: 10.1016/j.labeco.2024.102547ISI: 001316940400001Scopus ID: 2-s2.0-85192196637Local ID: HOA;;950695OAI: oai:DiVA.org:hj-64176DiVA, id: diva2:1857522
Funder
EU, Horizon 2020, GA N823782, GA N654221, VS 2020/0313, VS 2016/0135, VS 2015/0195, VS 2019/0332, GA N676536, GA N870628, VS 2018/0285, GA N101015924EU, FP7, Seventh Framework Programme, GA N283646, GA N227822, GA N261982, GA N211909EU Sixth Framework Programme for Research, RII-CT-2006-062193, CIT5-CT-2005-028857, CIT4-CT-2006-028812Available from: 2024-05-14 Created: 2024-05-14 Last updated: 2025-01-12Bibliographically approved

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Malisa, Amedeus

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