Fatal Attraction? Access to Early Retirement and Mortality
AbstractWe estimate the causal effect of early retirement on mortality for blue-collar workers. To overcome the problem of endogenous selection, we exploit an exogenous change in unemployment insurance rules in Austria that allowed workers in eligible regions to withdraw from the workforce up to 3.5 years earlier than those in non-eligible regions. For males, instrumental-variable estimates show a significant 2.4 percentage points (about 13%) increase in the probability of dying before age 67. We do not find any adverse effect of early retirement on mortality for females. Death causes indicate a significantly higher incidence of cardiovascular disorders among eligible workers, suggesting that changes in health-related behavior explain increased mortality among male early retirees.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5160.
Length: 58 pages
Date of creation: Aug 2010
Date of revision:
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Other versions of this item:
- Kuhn, Andreas & Wuellrich, Jean-Philippe & Zweimüller, Josef, 2010. "Fatal Attraction? Access to Early Retirement and Mortality," CEPR Discussion Papers 8024, C.E.P.R. Discussion Papers.
- Andreas Kuhn & Jean-Philipe Wuellrich & Josef Zweimüller, 2010. "Fatal Attraction? Access to Early Retirement and Mortality," NRN working papers 2010-08, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
- Andreas Kuhn & Jean-Philippe Wuellrich & Josef Zweimüller, 2010. "Fatal attraction? Access to early retirement and mortality," IEW - Working Papers 499, Institute for Empirical Research in Economics - University of Zurich.
- I1 - Health, Education, and Welfare - - Health
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-11 (All new papers)
- NEP-HAP-2010-09-11 (Economics of Happiness)
- NEP-HEA-2010-09-11 (Health Economics)
- NEP-LAB-2010-09-11 (Labour Economics)
- NEP-LTV-2010-09-11 (Unemployment, Inequality & Poverty)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
- Hallberg, Daniel & Johansson, Per & Josephson, Malin, 2014. "Early retirement and post retirement health," Working Paper Series, Center for Labor Studies 2014:5, Uppsala University, Department of Economics.
- Kuhn, Michael & Wrzaczek, Stefan & Prskawetz, Alexia & Feichtinger, Gustav, 2011.
"Optimal Choice of Health and Retirement in a Life-Cycle Model,"
Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis
48681, Verein für Socialpolitik / German Economic Association.
- Kuhn, Michael & Wrzaczek, Stefan & Prskawetz, Alexia & Feichtinger, Gustav, 2012. "Optimal choice of health and retirement in a life-cycle model," ECON WPS - Vienna University of Technology Working Papers in Economic Theory and Policy 01/2012, Vienna University of Technology, Institute for Mathematical Methods in Economics, Research Group Economics (ECON).
- Johansson, Per & Laun, Lisa & Laun, Tobias, 2013. "Screening stringency in the disability insurance program," Working Paper Series 2013:10, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Sahlgren, Gabriel H., 2012. "Work ‘til You Drop: Short- and Longer-Term Health Effects of Retirement in Europe," Working Paper Series 928, Research Institute of Industrial Economics.
- Hallberg, Daniel & Johansson, Per & Josephson, Malin, 2014. "Early retirement and post retirement health," Working Paper Series 2014:12, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Hernaes, Erik & Markussen, Simen & Piggott, John & Vestad, Ola, 2012.
"Does Retirement Age Impact Mortality?,"
19/2012, Oslo University, Department of Economics.
- Eibich, P.;, 2014. "Understanding the effect of retirement on health using Regression Discontinuity Design," Health, Econometrics and Data Group (HEDG) Working Papers 14/10, HEDG, c/o Department of Economics, University of York.
- Tibor Hanappi, 2012. "Retirement Behaviour in Austria: Incentive Effects on Old-Age Labor Supply," NRN working papers 2012-13, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
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