Does retirement age impact mortality?

Erik Hernaes (), Simen Markussen, John Piggott and Ola Vestad

Journal of Health Economics, 2013, vol. 32, issue 3, 586-598

Abstract: The relationship between retirement and mortality is studied with a unique administrative data set covering the full population of Norway. A series of retirement policy changes in Norway reduced the retirement age for a group of workers but not for others. Difference-in-differences estimation based on monthly birth cohorts and treatment group status show that the early retirement programme significantly reduced the retirement age; this holds true also when we account for programme substitution, for example into the disability pension. Instrumental variables estimation results show no effect on mortality of retirement age; neither do estimation results from a hazard rate model.

Keywords: Retirement age; Mortality; Instrumental variables; Policy evaluation (search for similar items in EconPapers)
JEL-codes: H55 I10 J11 J26 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (104)

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Working Paper: Does Retirement Age Impact Mortality? (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jhecon:v:32:y:2013:i:3:p:586-598

DOI: 10.1016/j.jhealeco.2013.03.001

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