Please use this identifier to cite or link to this item: https://hdl.handle.net/10620/19066
Longitudinal Study: HILDA
Title: Retirement and voluntary work provision: Evidence from the Australian Age Pension reform
Authors: Zhu, Rong 
Publication Date: Oct-2021
Pages: 674-690
Abstract: This paper examines the empirical link between retirement and the supply of volunteer labor, using panel data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. To identify the causal impact, we exploit a major reform of the Australian Age Pension which has significantly changed the retirement incentives of older people. We find positive and significant effects of retirement status on the voluntary work provision of older men and women. Longer time spent in retirement increases the unpaid labor supply of women, while there is no such evidence for men. We further find evidence of intra-household retirement externalities: older people’s retirement impacts positively on the volunteer behavior of their family members. Our findings suggest that the Australian Age Pension reform aiming at working life prolongation has led to an unintended shrinkage of the volunteer workforce.
DOI: 10.1016/j.jebo.2021.08.011
URL: https://www.sciencedirect.com/science/article/abs/pii/S0167268121003474
Research collection: Journal Articles
Appears in Collections:Journal Articles

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