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The Effect of Pensions on Longevity: Evidence from Union Army Veterans

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  • Salm, Martin

    ()
    (Tilburg University)

Abstract

This study uses changes in pension laws for Union Army veterans as a natural experiment to estimate the causal effect of pensions on longevity, and to examine potential pathways underlying such a relationship. We examine the effects of the pension laws of 1907 and 1912, which granted old-age pensions to Union Army veterans. Life expectancy for veterans, who received such a pension, increased by 0.5 years and 2.7 years, respectively. The effect of veteran pensions on longevity was large across wealth groups and size of city. Pensions reduced mortality for both acute and non-acute causes of death.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 2668.

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Length: 35 pages
Date of creation: Mar 2007
Date of revision:
Handle: RePEc:iza:izadps:dp2668

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Keywords: Union Army veterans; mortality; pensions; health gradient;

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  1. Costa, Dora L., 2003. "Understanding mid-life and older age mortality declines: evidence from Union Army veterans," Journal of Econometrics, Elsevier, Elsevier, vol. 112(1), pages 175-192, January.
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  3. Rablen, Matthew D. & Oswald, Andrew J., 2007. "Mortality and Immortality," IZA Discussion Papers 2560, Institute for the Study of Labor (IZA).
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  9. Hans-Martin von Gaudecker & Rembrandt D. Scholz, 2006. "Lifetime earnings and life expectancy," MPIDR Working Papers WP-2006-008, Max Planck Institute for Demographic Research, Rostock, Germany.
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  13. Tomas J. Philipson & Gary S. Becker, 1998. "Old-Age Longevity and Mortality-Contingent Claims," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 106(3), pages 551-573, June.
  14. Robert William Fogel, 1993. "New Sources and New Techniques for the Study of Secular Trends in Nutritional Status, Health, Mortality, and the Process of Aging," NBER Historical Working Papers, National Bureau of Economic Research, Inc 0026, National Bureau of Economic Research, Inc.
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Cited by:
  1. repec:hal:wpaper:halshs-00622325 is not listed on IDEAS
  2. Owen O'Donnell & Eddy Van Doorslaer & Tom Van Ourti, 2013. "Health and Inequality," Tinbergen Institute Discussion Papers 13-170/V, Tinbergen Institute.
  3. repec:hal:wpaper:halshs-00676492 is not listed on IDEAS
  4. Mathieu Lefebvre & Pierre Pestieau & Gregory Ponthiere, 2013. "Measuring poverty without the Mortality Paradox," Social Choice and Welfare, Springer, Springer, vol. 40(1), pages 285-316, January.
  5. Pierre Pestieau & Gregory Ponthiere, 2012. "The Public Economics of Increasing Longevity," Hacienda Pública Española, IEF, IEF, vol. 200(1), pages 41-74, March.
  6. Pierre Pestieau & Grégory Ponthiere, 2012. "On the Policy Implications of Changing Longevity," CESifo Working Paper Series 3926, CESifo Group Munich.

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