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Killing me softly: work and mortality among French seniors

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  • Blake, Hélène
  • Garrouste, Clémentine
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    Abstract

    This paper investigates the impact of the retirement age and working life on mortality over 64 years old. In 1993, the French government gradually increased incentives to work for seniors. This exogenous shock on labor supply is an instrument for retirement choices of French pensioners. We use this exogenous shock to measure how work impacts male mortality. We work on the Echantillon Interrégime des Retraités, an administrative panel data set which provides information on past contribution to the pension system and mortality at two points of time. We find that delaying the retirement age by one year increases the chances of dying within four years by 2.45 percentage points which is equivalent to a decrease of life expectancy at age 64 by around 2.6 months. However, this effect is far from homogeneous if we split our sample by income groups.

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    Bibliographic Info

    Paper provided by Paris Dauphine University in its series Economics Papers from University Paris Dauphine with number 123456789/12127.

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    Date of creation: Aug 2013
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    Publication status: Published in HEDG working paper, 2013
    Handle: RePEc:dau:papers:123456789/12127

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    Keywords: Retirement; mortality; pension reform;

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    1. Susann Rohwedder & Robert J. Willis, 2010. "Mental Retirement," Journal of Economic Perspectives, American Economic Association, vol. 24(1), pages 119-38, Winter.
    2. Bommier, Antoine & Magnac, Thierry & Rapoport, Hillel & Roger, Muriel, 2003. "Droits à la retraite et mortalité différentielle," IDEI Working Papers 181, Institut d'Économie Industrielle (IDEI), Toulouse, revised May 2004.
    3. Norma B. Coe & Gema Zamarro, 2008. "Retirement Effects on Health in Europe," Working Papers 588, RAND Corporation Publications Department.
    4. Rivers, Douglas & Vuong, Quang H., 1988. "Limited information estimators and exogeneity tests for simultaneous probit models," Journal of Econometrics, Elsevier, vol. 39(3), pages 347-366, November.
    5. Coe, N.B. & Lindeboom, M., 2008. "Does Retirement Kill You? Evidence from Early Retirement Windows," Discussion Paper 2008-93, Tilburg University, Center for Economic Research.
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