Table 5 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
His retirement | Her retirement | |||
His age 60 and above | 0.380*** | 0.160*** | ||
(0.034) | (0.050) | |||
Her age 60 and above | 0.035 | 0.185*** | ||
(0.035) | (0.051) | |||
Mean retirement (age 55–59) | 0.3259 | 0.485 | ||
Outcome definition a, same leisure activity, same time interval, with family | ||||
His separate leisure | Her separate leisure | Joint leisure | ||
He retired | 165.85** | −100.58 | −39.46 | |
(84.51) | (94.68) | (58.77) | ||
She retired | −6.27 | 375.72** | 94.20 | |
(127.53) | (142.88) | (88.69) | ||
Mean leisure (at age 55–59) | 268.9 | 209.36 | 138 | |
Outcome definition b, same leisure activity, same time interval, same place | ||||
His separate leisure | Her separate leisure | Joint leisure | ||
He retired | 184.703** | −81.73 | −34.52 | |
(80.088) | (81.87) | (67.43) | ||
She retired | −67.99 | 314.00** | 174.06* | |
(120.85) | (123.55) | (101.72) | ||
Mean leisure (at age 55–59) | 241.28 | 181.74 | 165.78 | |
Outcome definition c, same leisure activity, same time interval | ||||
His separate leisure | Her separate leisure | Joint leisure | ||
He retired | 160.91** | −105.51 | −34.52 | |
(79.09) | (77.90) | (67.43) | ||
She retired | −86.119 | 295.84** | 174.06* | |
(119.34) | (117.56) | (101.72) | ||
Mean leisure (at age 55–59) | 224.22 | 164.68 | 182.84 | |
Outcome definition d, any leisure activity, same time interval, same place | ||||
His separate leisure | Her separate leisure | Joint leisure | ||
He retired | 198.63** | −67.80 | −72.24 | |
(78.24) | (64.57) | (76.63) | ||
She retired | −166.41 | 215.58** | 254.34** | |
(118.06) | (97.43) | (115.63) | ||
Mean leisure (at age 55–59) | 207.61 | 148.07 | 199.45 | |