Unhealthy Retirement?

Fabrizio Mazzonna and Franco Peracchi

No 1409, EIEF Working Papers Series from Einaudi Institute for Economics and Finance (EIEF)

Abstract: We investigate the causal effect of retirement on health and cognitive abilities by exploiting the panel dimension of the first two waves of the Survey of Health Ageing and Retirement in Europe (SHARE) and the variation between and within European countries in old age retirement rules. We show evidence of substantial heterogeneity in the effect of retirement across occupational groups. In particular, we find that retirement increases the age-related decline of health and cognitive abilities for most workers. On the other hand, we find evidence of a positive immediate effect of retirement for those employed in highly physically demanding jobs.

Pages: 39 pages
Date: 2014, Revised 2014-09
New Economics Papers: this item is included in nep-age, nep-dem, nep-eur, nep-hea and nep-lab
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Citations: View citations in EconPapers (3)

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Journal Article: Unhealthy Retirement? (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:eie:wpaper:1409

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