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Laura Hospido

Banco de España, Spain, and IZA, Germany

IZA World of Labor represents a terrific step forward for connecting academia and policy making by providing comprehensive, reliable, and up-to-date research information in labor economics worldwide. I am glad of being part of this ambitious initiative

IZA World of Labor role

Author

Current position

Economist, Banco de España

Research interest

Microeconometrics and empirical labor economics

Website

http://laurahospido.com

Qualifications

PhD Economics, Centro de Estudios Monetarios y Financieros (CEMFI) and Universidade de Santiago de Compostela, 2007

Selected publications

  • “Wage dynamics in the presence of unobserved individual and job heterogeneity.” Labour Economics 33 (2015): 81–93.

  • “Retirement patterns of couples in Europe.” IZA Journal of European Labor Studies 3:12 (2014) (with G. Zamarro).

  • “Earnings inequality in Spain: New evidence using tax data.” Applied Economics 45:30 (2013): 4212–4225 (with S. Bonhomme).

  • “Estimating nonlinear models with multiple fixed effects: A computational note.” Oxford Bulletin of Economics and Statistics 74 (2012): 760–775.

  • “Modelling heterogeneity and dynamics in the volatility of individual wages.” Journal of Applied Econometrics 27 (2012): 386–414.

article(s)

  • Pension reform and couples’ joint retirement decisions

    The success of policies raising the retirement age depends on people’s responsiveness to changes in pension eligibility

    Laura Hospido, April 2015
    Rising life expectancy and the growing fiscal insolvency of public pension systems have prompted many developed countries to raise the pension entitlement age. The success of such policies depends on the responsiveness of individuals to such changes. Retirement has increasingly become a decision made jointly by a couple rather than individually by one partner. The empirical evidence indicates that almost a third of dual-earner couples in Europe and the US coordinate their retirement decision despite age differences between partners. This joint determination of retirement has important implications for policies intended to reduce the burden of pension costs.
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