The Retirement of a Consumption Puzzle

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How researchers see this paper

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The Retirement Consumption Puzzle: Evidence from a Regression Discontinuity Approach (2007, background): “Aguiar and Hurst (2008) show that entertainment expenses also increase after retirement, in agreement with their nature of leisure complements.”
Handbook of Consumer Finance Research (2008, methodology): “For example, an award winning article in the Journal of Financial Planning (Blanchett, 2014 ) employs the same data and similar methodology to Hurst ( 2008 ) in order to answer practical questions about whether practitioners can anticipate changes in spending as retirees age.”
Reconciling Cyclical Movements in the Marginal Value of Time and the Marginal Product of Labor (2009, unknown): “Hurst (2008) surveys this research.”
Consumption and Saving: Models of Intertemporal Allocation and Their Implications for Public Policy (2010, unknown): “…a significant drop in the number of grown children living with their parents, and this can account for most of the retirement consumption drop.14 As Hurst (2008) recently put it, we should no longer talk about the retirement consumption puzzle, rather about “the retirement of a consumption puzzle”.”
The Effect of Population Aging on Economic Growth, the Labor Force, and Productivity (2016, background): “For example, as people withdraw from the labor force they tend to reduce consumption of work-related goods and services and increase consumption of healthcare services (Hurd and Rohwedder, 2008; Hurst, 2008).”