Cognitive Functioning and Retirement in Europe

Laura Bianchini and Margherita Borella
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Laura Bianchini: University of Torino

No 139, CeRP Working Papers from Center for Research on Pensions and Welfare Policies, Turin (Italy)

Abstract: We investigate the effect of retirement on cognitive functioning using the Survey on Health, Ageing and Retirement in Europe (SHARE). The availability of a panel dataset allows to use a fixed effect estimator which is crucial to estimate the effect of individual transitions into retirement on our memory measure, word recall. Our main finding is that, conditional on the memory average age path of the typical individual, time spent in retirement has a positive effect on word recall. College educated or highly skilled workers benefit more than average from retirement, as do those individuals who declare to spend time reading books.

Pages: 33 pages
Date: 2014-01
New Economics Papers: this item is included in nep-age, nep-eur and nep-neu
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:crp:wpaper:139

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