Retirement Effects on the Health of the Elderly in the City of São Paulo

André Gal Mountian () and Maria Dolores Diaz

No 2016_25, Working Papers, Department of Economics from University of São Paulo (FEA-USP)

Abstract: This article analyzes the effects of retirement on health of elderly residents in the city of São Paulo, between the years 2000 and 2010. In a context of population aging, it is important to know the effects of labor market exit on health of older people. We use data from Saúde, Bem Estar e Envelhecimento (SABE), longitudinal dataset with elderly in São Paulo. The fixed effect and fixed effects with instrumental variable models were estimated to take into account the possible simultaneity of the decision to stop working and the health status of individuals. Our estimates indicate that retirement improves mobility indicators, especially for men. This result suggests that an increase or setting the minimum retirement age in Brazil may be ccompanied by a rise in spending on health system

Keywords: Retirement; Health; Elderly; Fixed Effects; Instrumental Variable (search for similar items in EconPapers)
JEL-codes: C23 C26 I10 J14 (search for similar items in EconPapers)
Date: 2016-10-25
New Economics Papers: this item is included in nep-age and nep-hea
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