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How Does Retirement Affect Health?

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  • Stefanie Behncke

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Abstract

This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of the English Longitudinal Study of Ageing (ELSA). With this informative data, non-parametric matching methods can be applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a chronic condition. In particular, it raises the risk of developing a cardiovascular disease and being diagnosed with cancer. Estimates also indicate that retirement has quite diverse effects for different individuals.

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File URL: http://www1.vwa.unisg.ch/RePEc/usg/dp2009/DP-0913-Be.pdf
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Bibliographic Info

Paper provided by Department of Economics, University of St. Gallen in its series University of St. Gallen Department of Economics working paper series 2009 with number 2009-13.

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Length: 54 pages
Date of creation: Jun 2009
Date of revision:
Handle: RePEc:usg:dp2009:2009-13

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Web page: http://www.seps.unisg.ch/
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Keywords: retirement; health; matching methods; ELSA;

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References

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Cited by:
  1. Peter Hicks, 2012. "Later Retirement: the Win-Win Solution," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 345, March.
  2. Maes, Marjan & Stammen, Benjamin, 2011. "The impact of (early) retirement on the subsequent physical and mental health of the retired: a survey among general practitioners in Belgium," Working Papers 2011/03, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.

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