Correlational findings

Study Calvo et al. (2007): study US 1992

Eldery, United States, followed through retirement 1992-2004
N = 2389
Non Response:
25%; from 3022 (fully retired in 2004) to 2389.
Questionnaire: paper


Authors's label
Prompt retirement (vs gradual)
Our Classification
1: Prompt retirement ("cold turkey"): Ss reported 'not retired' in every wave prior to the wave designated definition
0: Gradual retirement: Subject must have one or more sequential waves with "not retired" responses immediately followed by one or more waves "partly retired" responses, immediately followed by full retirement.

Observed Relation with Happiness

Happiness Measure Statistics Elaboration / Remarks A-AB-cw-mq-v-2-b DM = 0 ns T1 Happiness
- promt retirement      M=0,295 (SD=0,231)
- gradual retirement    M=0,295 (SD=0,228)
difference                0
A-AB-cw-mq-v-2-b DM = -.01 ns T2 Happiness
- prompt retirement      M=0,276 (SD=0,256)
- gradual retirement     M=0,264 (SD=0,269)
difference                -0,012
A-AB-cw-mq-v-2-b DM = -.01 ns T1-T2 Difference in Happiness (DM):
- prompt retirement     M=-0,018 (SD=0,235)
- gradual retirement    M=-0,031 (SD=0,242)
difference                 -0,013 (ns)
A-AB-cw-mq-v-2-b b = 0 ns T1-T2 CHANGE in Happiness (regression)

B controlled for:
-prompt retirement           
-retirement (partly) wanted           
-spouse death    
-improved health             
-years since retirement      
-white non-hispanic          
-log of mean wealth          
-more than high school