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Understanding the effect of retirement on health: Mechanisms and heterogeneity

Listed author(s):
  • Eibich, Peter

This paper investigates the mechanisms behind the health effects of retirement. Using a Regression Discontinuity Design to exploit financial incentives in the German pension system for identification, I find that retirement improves subjective health status and mental health, while also reducing outpatient care utilization. I explore a wide range of health behaviors, time use, and effect heterogeneity as potential mechanisms. Relief from work-related stress and strain, increased sleep duration as well as more frequent physical exercise seem to be key mechanisms through which retirement affects health.

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File URL: http://www.sciencedirect.com/science/article/pii/S0167629615000545
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Article provided by Elsevier in its journal Journal of Health Economics.

Volume (Year): 43 (2015)
Issue (Month): C ()
Pages: 1-12

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Handle: RePEc:eee:jhecon:v:43:y:2015:i:c:p:1-12
DOI: 10.1016/j.jhealeco.2015.05.001
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505560

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