Retired but not Withdrawn: Does Retirement Induce Participation in Social Activities?

Anne Laferrere

No 2014-36, Working Papers from Center for Research in Economics and Statistics

Abstract: Being retired goes with more frequent participation in some social activities such as volunteering or going to a club. It also goes with an increase in the intensity of participation. To conclude about a causal effect of retirement we use the longitudinal SHARE data and an IV strategy. Indeed we find that retiring can be the occasion to engage in a new social activity. More precisely, retirement increases volunteering, club and even training activities. It has little effect on religious, political or community-related involvement. There is very little sign of endogeneity of retirement. Education level and health evolution play a crucial role in most countries. At a time of huge increase in the population of retirees it is important to access the value of their volunteering participation. A conservative estimate translates volunteering into an output of about 6% of the value of pensions for the retirees of our 10 European countries.

Keywords: Retirement; Volunteering; Health; Instrumental Variables; Fixed effect Model (search for similar items in EconPapers)
JEL-codes: C23 C26 D64 I1 J26 (search for similar items in EconPapers)
Pages: 49
Date: 2014-10
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://crest.science/RePEc/wpstorage/2014-36.pdf Crest working paper version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:crs:wpaper:2014-36

Access Statistics for this paper

More papers in Working Papers from Center for Research in Economics and Statistics Contact information at EDIRC.
Bibliographic data for series maintained by Secretariat General () and Murielle Jules Maintainer-Email : murielle.jules@ensae.Fr.