Pension Reforms, Longer Working Horizons and Depression. Does the Risk of Automation Matter?

Marco Bertoni, Giorgio Brunello and Filippo Da Re
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Filippo Da Re: University of Padova

No 15700, IZA Discussion Papers from IZA Network @ LISER

Abstract: We investigate the effect of postponing minimum retirement age on middle-aged workers' depression. Using pension reforms in several European countries and data from the SHARE survey, we find that depression increases with a longer work horizon, but only among workers employed in occupations with a relatively high risk of automation. We rule out alternatives to this risk, including job strenuousness, education, gender, and the degree of routinization of occupations. We explain our results with the higher job insecurity associated with occupations more exposed to automation.

Keywords: automation; depression; pension reforms; SHARE (search for similar items in EconPapers)
JEL-codes: I1 J24 J26 O33 (search for similar items in EconPapers)
Pages: 73 pages
Date: 2022-11
New Economics Papers: this item is included in nep-age, nep-eur, nep-lma and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published - published in: Labour Economics, 2023, 85, 102447

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Journal Article: Pension reforms, longer working horizons and depression. Does the risk of automation matter? (2023)
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