Tag: married couple
Resilience – financial, emotional, and in the form of family and community support – was sorely tested when COVID-19 turned lives upside down. In a study of workers and retirees 50 and older, the people who lived alone or with extended family struggled the most in the first year of COVID to make the financia…
Abstract In this paper, we use a novel duration model to study joint retirement in married couples using the Health and Retirement Study. Whereas conventionally used models cannot account for joint retirement, our model admits joint retirement with positive probability and nests the traditional proportional hazards model. In contrast to other statistical models for simultaneous…