The effects of an increase in the retirement age on health — Evidence from administrative data
Mara Barschkett,
Johannes Geyer,
Peter Haan and
Anna Hammerschmid
The Journal of the Economics of Ageing, 2022, vol. 23, issue C
Abstract:
This study analyzes the causal effect of an increase in the retirement age on official health diagnoses. We exploit a sizable cohort-specific pension reform for women using a Difference-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and including all certified diagnoses by practitioners. This enables us to gain a detailed understanding of the multi-dimensionality in these health effects. The empirical findings reflect the multi-dimensionality but allow for deriving two broader conclusions. We provide evidence that the increase in the retirement age negatively affects health outcomes as the prevalence of several diagnoses, e.g., mental health, musculoskeletal diseases, and obesity, increases. In contrast, we do not find support for an improvement in health related to a prolonged working life. These findings are robust to sensitivity checks, and do not change when correcting for multiple hypothesis testing.
Keywords: Retirement; Pension reform; Health; ICD-10; Regression Discontinuity Design; Difference-in-Differences (search for similar items in EconPapers)
JEL-codes: I10 I12 I18 J14 J18 J26 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)
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http://www.sciencedirect.com/science/article/pii/S2212828X22000354
Related works:
Working Paper: The Effects of an Increase in the Retirement Age on Health: Evidence from Administrative Data (2021) 
Working Paper: The Effects of an Increase in the Retirement Age on Health – Evidence from Administrative Data (2021) 
Working Paper: The Effects of an Increase in the Retirement Age on Health - Evidence from Administrative Data (2021) 
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Persistent link: https://EconPapers.repec.org/RePEc:eee:joecag:v:23:y:2022:i:c:s2212828x22000354
DOI: 10.1016/j.jeoa.2022.100403
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