Does Food Expenditure Decrease after Retirement, and for Whom?

Ayal Kimhi*, Maya Sender

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

This paper examines the decline in food expenditure after retirement by quantiles of the consumption distribution, by gender, and by pre-retirement employment status. The decline in food expenditure after retirement is smaller among those who were employees than among those who were self-employed, but only for females. Males who did not work did not experience a decline in food expenditure when they crossed the official retirement age, while females who did not work decreased their food expenditure in parts of the consumption distribution. These results are consistent with the two common explanations of the decline in consumption after retirement: inadequate savings and substitution of time for money. Public policy should target the inadequate savings phenomenon in order to make food consumption more sustainable during retirement.

Original languageAmerican English
Article number1992
JournalSustainability (Switzerland)
Volume16
Issue number5
DOIs
StatePublished - Mar 2024

Bibliographical note

Publisher Copyright:
© 2024 by the authors.

Keywords

  • food expenditure
  • retirement
  • sustainability

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