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Does postponing minimum retirement age improve healthy behaviours before retirement? Evidence from middle-aged Italian workers

Marco Bertoni (), Giorgio Brunello () and Gianluca Mazzarella ()

No 7, ROA Research Memorandum from Maastricht University, Research Centre for Education and the Labour Market (ROA)

Abstract: By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age are likely to affect the returns to investments in healthpromoting behaviours before retirement, with consequences for individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms during the 1990s and 2000s, we show that Italian males aged 40 to 49 reacted to the longer time to retirement by raising regular exercise and by reducing smoking and regular alcohol consumption. Dietary habits were also affected, with positive consequences on obesity and self-reported satisfaction with health.

Keywords: retirement; working horizon; healthy behaviours; pension reforms (search for similar items in EconPapers)
JEL-codes: H55 I12 J26 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-dem, nep-eur, nep-ltv and nep-pbe
Date: 2016
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Citations: View citations in EconPapers (3) Track citations by RSS feed

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Related works:
Journal Article: Does postponing minimum retirement age improve healthy behaviors before retirement? Evidence from middle-aged Italian workers (2018) Downloads
Working Paper: Does postponing minimum retirement age improve healthy behaviors before retirement? Evidence from middle-aged Italian workers (2018) Downloads
Working Paper: Does Postponing Minimum Retirement Age Improve Healthy Behaviours Before Retirement? Evidence from Middle-Aged Italian Workers (2016) Downloads
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