 Retirement and health investment behaviors: An international comparisonHiroyuki Motegi, Yoshinori Nishimura and Masato Oikawa The Journal of the Economics of Ageing, 2020, vol. 16, issue C Abstract: This study aims to better understand the effects of retirement on health outcomes through a large-scale cross-country study of the changes in health investment behaviors after retirement among the populations of seven developed countries. Much of the literature on retirement health consists of single-country studies which generally find that health investment behaviors are effective predictors of health outcomes. However, using Global Aging Data normalized to facilitate cross-country comparison, and exploiting differences in the financial incentives in the pension systems across countries as our identification strategy, we find that, even with a careful accounting of the differences in baseline retirement ages, the elderly do not uniformly change their health investment behaviors in retirement. Therefore, in a cross-country framework, health investment behaviors are not necessarily good predictors of health in retirement. Keywords: Aging population; Health investment behaviors; Health outcomes; Retirement; Heterogeneity; Global aging data (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:joecag:v:16:y:2020:i:c:s2212828x20300323 DOI: 10.1016/j.jeoa.2020.100267 Access Statistics for this article The Journal of the Economics of Ageing is currently edited by D.E. Bloom, A. Sousa-Poza and U. Sunde More articles in The Journal of the Economics of Ageing from Elsevier |
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