Retirement and health: Evidence from England
Liam Rose
Journal of Health Economics, 2020, vol. 73, issue C
Abstract:
This paper utilizes census records, inpatient records, comprehensive surveys, and mortality records from England to trace out the effect of reaching retirement age on retirement status and health outcomes. Applying a regression discontinuity design leveraging the pension age, I find that retirement substantially improves well-being and reported health. I find no immediate effect of retirement on behavioral outcomes and no evidence of changes to cognitive ability, utilization, or mortality. While prior literature has considered the effects of retirement on specific outcomes, this paper systematically examines the full range of health-related outcomes with administrative and survey data in a unified context.
Keywords: Retirement; Labor force participation; Health; Pensions (search for similar items in EconPapers)
JEL-codes: I12 J14 J26 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (21)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jhecon:v:73:y:2020:i:c:s0167629619310586
DOI: 10.1016/j.jhealeco.2020.102352
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