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The Health-Consumption Effects of Increasing Retirement Age Late in the Game

Author

Listed:
  • Caroli, Eve

    (PSL Université Paris Dauphine)

  • Pollak, Catherine

    (New York University)

  • Roger, Muriel

    (INRA-CORELA)

Abstract

Using the differentiated increase in retirement age across cohorts introduced by the 2010 French pension reform, we estimate the health-consumption effects of a 4-month increase in retirement age. We focus on individuals who were close to retirement age but not retired yet by the time the reform was passed. Using administrative data on individual sick-leave claims and non-hospital health-care expenses, we show that the probability of having at least one sickness absence increases for all treated groups, while the overall number of sick days remains unchanged, conditional on having a sick leave. Delaying retirement does not increase the probability of seeing a GP, except for men in the younger cohorts. In contrast, it raises the probability of having a visit with a specialist physician for all individuals, except men in the older cohorts. Delaying retirement also increases the probability of seeing a physiotherapist among women from the older cohorts. Overall, it increases health expense claims, in particular in the lower part of the expenditure distribution.

Suggested Citation

  • Caroli, Eve & Pollak, Catherine & Roger, Muriel, 2023. "The Health-Consumption Effects of Increasing Retirement Age Late in the Game," IZA Discussion Papers 15998, Institute of Labor Economics (IZA).
  • Handle: RePEc:iza:izadps:dp15998
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    References listed on IDEAS

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    More about this item

    Keywords

    pension reform; retirement age; health; health-care consumption;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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