Retirement and Health Outcomes in a Meta-Analytical Framework
Mattia Filomena and
No 14602, IZA Discussion Papers from Institute of Labor Economics (IZA)
This paper presents a meta-analysis on the effects of retirement on health. We select academic papers published between 2000 and 2021 studying the impact of retirement on physical and mental health, self-assessed general health, healthcare utilization and mortality. Among 275 observations from 85 articles, 28% (13%) find positive (negative) effects of retirement on health outcomes. Almost 60% of the observations do not provide statistically significant findings. Using meta-regression analysis, we checked for the presence of publication bias after distinguishing among different journal subject areas and, once correcting for it, we find that the average effect of retirement on health outcomes is small and barely significant. We apply model averaging techniques to explore possible sources of heterogeneity and our results suggest that the different estimated effects can be explained by the differences in both health measurements and retirement schemes.
Keywords: publication bias; retirement; health; meta-analysis; meta-regression (search for similar items in EconPapers)
JEL-codes: I10 J14 J26 (search for similar items in EconPapers)
Pages: 46 pages
New Economics Papers: this item is included in nep-age, nep-isf and nep-lma
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Published - pubilshed online in: Journal of Economic Surveys , 28 July 2022
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Working Paper: RETIREMENT AND HEALTH OUTCOMES IN A METAANALYTICAL FRAMEWORK (2021)
Working Paper: Retirement and health outcomes in a meta-analytical framework (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp14602
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