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Retiring for better health? Evidence from health investment behaviors in Japan

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  • Zhao, Meng
  • Konishi, Yoshifumi
  • Noguchi, Haruko

Abstract

This paper examines the causal effects of retirement on health investment behavior among Japanese permanent employees. We find that the Japanese employees participate less in unhealthy habits (smoking and drinking) after retiring from their permanent employment, and after completely ceasing to work, they further increase participation in healthy life habits (regular exercise). We also find gender differences in these responses.

Suggested Citation

  • Zhao, Meng & Konishi, Yoshifumi & Noguchi, Haruko, 2017. "Retiring for better health? Evidence from health investment behaviors in Japan," Japan and the World Economy, Elsevier, vol. 42(C), pages 56-63.
    • Handle: RePEc:eee:japwor:v:42:y:2017:i:c:p:56-63
    DOI: 10.1016/j.japwor.2017.06.003
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    Cited by:

    1. Mattia Filomena & Matteo Picchio, 2023. "Retirement and health outcomes in a meta‐analytical framework," Journal of Economic Surveys, Wiley Blackwell, vol. 37(4), pages 1120-1155, September.
    2. Bertoni, Marco & Brunello, Giorgio & Mazzarella, Gianluca, 2018. "Does postponing minimum retirement age improve healthy behaviors before retirement? Evidence from middle-aged Italian workers," Journal of Health Economics, Elsevier, vol. 58(C), pages 215-227.
    3. MORIKAWA Masayuki, 2018. "Smoking, Obesity, and Labor Market Outcomes: Evidence from Japan," Discussion papers 18023, Research Institute of Economy, Trade and Industry (RIETI).
    4. Hiroyuki Motegi & Yoshinori Nishimura & Kazuyuki Terada, 2016. "Does Retirement Change Lifestyle Habits?," The Japanese Economic Review, Japanese Economic Association, vol. 67(2), pages 169-191, June.
    5. Clémentine Garrouste & Elsa Perdrix, 2022. "Is there a consensus on the health consequences of retirement? A literature review," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 841-879, September.
    6. Oshio, Takashi & Shimizutani, Satoshi, 2019. "Health capacity to work and its long-term trend among the Japanese elderly," Journal of the Japanese and International Economies, Elsevier, vol. 51(C), pages 76-86.
    7. Yoshinori Nishimura & Masato Oikawa & Hiroyuki Motegi, 2018. "What Explains The Difference In The Effect Of Retirement On Health? Evidence From Global Aging Data," Journal of Economic Surveys, Wiley Blackwell, vol. 32(3), pages 792-847, July.
    8. Hasebe, Takuya & Sakai, Tadashi, 2018. "Are elderly workers more likely to die in occupational accidents? Evidence from both industry-aggregated data and administrative individual-level data in Japan," Japan and the World Economy, Elsevier, vol. 48(C), pages 79-89.
    9. Pedron, Sara & Maier, Werner & Peters, Annette & Linkohr, Birgit & Meisinger, Christine & Rathmann, Wolfgang & Eibich, Peter & Schwettmann, Lars, 2020. "The effect of retirement on biomedical and behavioral risk factors for cardiovascular and metabolic disease," Economics & Human Biology, Elsevier, vol. 38(C).
    10. Martina Celidoni & Vincenzo Rebba, 2017. "Healthier lifestyles after retirement in Europe? Evidence from SHARE," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 18(7), pages 805-830, September.
    11. Oikawa, M., 2020. "The effect of education on health policy reform: Evidence from Japan," Health, Econometrics and Data Group (HEDG) Working Papers 20/08, HEDG, c/o Department of Economics, University of York.
    12. Motegi, Hiroyuki & Nishimura, Yoshinori & Oikawa, Masato, 2020. "Retirement and health investment behaviors: An international comparison," The Journal of the Economics of Ageing, Elsevier, vol. 16(C).
    13. Steve Briand, 2020. "Beyond the direct impact of retirement: coordination by couples in preventive and risky behaviors," Working Papers hal-02467440, HAL.

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    More about this item

    Keywords

    Retirement; Health behaviors; Japan;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C26 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Instrumental Variables (IV) Estimation
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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