Does Early Access to Pension Wealth Improve Health?

Seonghoon Kim () and Kanghyock Koh ()
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Kanghyock Koh: Korea University

No 13184, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We examine the health impacts of early access to public pension wealth by exploiting a unique policy in Singapore allowing individuals to withdraw a proportion of their pension savings after their 55th birthday. For the identification, we employ a regression discontinuity design by comparing individuals before and after their 55th birthday. To address anticipated and lagged health impacts, we adopt the donut regression discontinuity approach. Using nationally representative monthly panel data, we find that early access to pension wealth improves self-reported overall health.

Keywords: early access to pension wealth; regression discontinuity design; health (search for similar items in EconPapers)
JEL-codes: D15 H55 I10 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2020-04
New Economics Papers: this item is included in nep-age, nep-hea and nep-sea
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Citations: View citations in EconPapers (13)

Published - revised version published as 'Trade-induced skill polarization' in: Economic Inquiry, 2020, 58 (4), 1783-1794

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Journal Article: DOES EARLY ACCESS TO PENSION WEALTH IMPROVE HEALTH? (2020)
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