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Table 7 The effect of retirement on joint and separate leisure: simultaneous-equation estimates, instrumenting retirement of both partners with the age ≥ 60 dummies; with additional controls. Sample excluding couples in which the woman is a “housewife”

From: Partners’ leisure time truly together upon retirement

 

His retirement

Her retirement

 

His age 60 and above

0.342***

0.151***

 

(0.041)

(0.050)

 

Her age 60 and above

0.097**

0.339***

 

(0.041)

(0.051)

 

Mean retirement (age 55–59)

0.353

0.221

 
 

Outcome definition a, same leisure activity, same time interval, with family

 

His separate leisure

Her separate leisure

Joint leisure

He retired

161.84*

−101.66

−54.27

(98.27)

(90.63)

(66.09)

She retired

−86.69

251.56**

117.49*

(94.66)

(87.30)

(63.66)

Mean leisure (at age 55–59)

274.71

197.05

142.94

 

Outcome definition b, same leisure activity, same time interval, same place

 

His separate leisure

Her separate leisure

Joint leisure

He retired

208.34**

−55.18

−100.75

(92.27)

(8238)

(73.67)

She retired

−108.96

229.29**

139.77**

(88.88)

(79.35)

(70.96)

Mean leisure (at age 55–59)

227.5

150.29

190.15

 

Outcome definition c, same leisure activity, same time interval

 

His separate leisure

Her separate leisure

Joint leisure

He retired

188.48**

−75.04

−80.90

(92.03)

(78.59)

(74.01)

She retired

−127.30

210.95**

158.10**

(88.65)

(75.70)

(71.30)

Mean leisure (at age 55–59)

243.97

166.76

173.68

 

Outcome definition d, any leisure activity, same time interval, same place

 

His separate leisure

Her separate leisure

Joint leisure

He retired

228.84**

−34.70

−121.26

(88.67)

(68.62)

(80.26)

She retired

−187.37**

150.90**

218.18**

(85.61)

(66.10)

(77.31)

Mean leisure (at age 55–59)

206.76

129.56

210.88

  1. Notes: The table only shows the estimates of the effects of the age ≥ 60 dummies for each partner on the retirement probabilities and the effects of each partner’s retirement on joint and separate leisure (outcome equations). Other controls: quadratic polynomials in age 60 interacted with the age ≥ 60 dummies; partners’ education dummies; a dummy for any child still living at home; area of residence dummies; seasonal dummies; and a weekend diary dummy. See Section 2 for the model specification and Section 3.2 for the definitions of leisure. Observations: 732 couples aged 50–70
  2. *p < 0.1; **p < 0.05; ***p < 0.01. Standard errors in parentheses