Mental retirement and non-contributory pensions for the elderly poor in Peru
Rafael Novella () and
Javier Olivera ()
Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven
This paper analyses the effects of retirement on cognitive abilities for the elderly poor on the basis of the “mental retirement” effect that accompanies retirement. Given the recent emergence and expansion of non-contributory pension programs to alleviate poverty in old-age across low and middle income countries, attention should be pay to the potential acceleration of cognitive decline when individuals retire, i.e. when there is a decrease in their engagement on cognitive demanding activities. We use a unique and recent survey of the poor elderly in Peru (ESBAM) which includes a cognitive test and serves as the baseline for a non-contributory pension program. We find a significant negative effect of retirement on cognitive ability after controlling for a number of demographics and objective health measures, and even after applying instrumental variables to deal with the potential endogeneity of retirement.
New Economics Papers: this item is included in nep-age and nep-lam
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 400 Bad Request (https://lirias.kuleuven.be/bitstream/123456789/442559/3/DPS1405.pdf [307 Temporary Redirect]--> https://lirias2repo.kuleuven.be/bitstream/123456789/442559/3/DPS1405.pdf [301 Moved Permanently]--> https://lirias2repo.kuleuven.be/bitstream/handle/123456789/442559/DPS1405.pdf?sequence=3 [302 Found]--> https://lirias2repo.kuleuven.be/login [302 Found]--> https://lirias2repo.kuleuven.be/Shibboleth.sso/Login?target=https%3A%2F%2Flirias2repo.kuleuven.be%2F%2Fshibboleth-login [302 Found]--> https://idp.kuleuven.be/idp/profile/SAML2/Redirect/SSO?SAMLRequest=hZJRT8IwFIX%2FytJ31q3AnA0jmfAgCcrCpg%2B%2BmG5cXGNpZ2%2BH%2Bu8dDCO84GPTc757z8mdoNiphqetq%2FUaPlpA533tlEZ%2B%2FEhIazU3AiVyLXaA3FU8Tx%2BWnPkBb6xxpjKKeCkiWCeNnhmN7Q5sDnYvK3haLxNSO9cgp1RJKwUyC43x31sF7R60XwLNa1mWRoGrfURDD3hGs1VeEG%2Fe7SO1OJD%2FOHLTXPi7N%2B1W2UoFJ%2FMaNtJC5Wier4i3mCfkdRTEEduwcbXdiiiCqAyH4XgU37AoHgIMbzsZYgsLjU5olxAWhLeDkA2CsAgZH8V8GLwQLzslvpN6I%2FXb9XrKXoT8viiyQR%2FoGSwew3QCMp0cSubHwfas9utY8ds1mf7T7ISe8fthDX%2FsgIt5ZpSsvr1UKfM5syAcJCQkdNpbLg9i%2BgM%3D&RelayState=ss%3Amem%3Ab9d1be56e98076c41f7a441f8c5f2aef04eecae3bd4ae19d9230b80b8360e343)
Working Paper: Mental Retirement and Non-Contributory Pensions for the Elderly Poor in Peru (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:ces14.05
Access Statistics for this paper
More papers in Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven
Bibliographic data for series maintained by library EBIB ().