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

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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: 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:
      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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Published Versions

V1 [2019-10-12]

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