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Retirement and health: Evidence from England

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  • Rose, Liam

Abstract

This paper utilizes census records, inpatient records, comprehensive surveys, and mortality records from England to trace out the effect of reaching retirement age on retirement status and health outcomes. Applying a regression discontinuity design leveraging the pension age, I find that retirement substantially improves well-being and reported health. I find no immediate effect of retirement on behavioral outcomes and no evidence of changes to cognitive ability, utilization, or mortality. While prior literature has considered the effects of retirement on specific outcomes, this paper systematically examines the full range of health-related outcomes with administrative and survey data in a unified context.

Suggested Citation

  • Rose, Liam, 2020. "Retirement and health: Evidence from England," Journal of Health Economics, Elsevier, vol. 73(C).
  • Handle: RePEc:eee:jhecon:v:73:y:2020:i:c:s0167629619310586
    DOI: 10.1016/j.jhealeco.2020.102352
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    References listed on IDEAS

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Chris Sampson’s journal round-up for 5th October 2020
      by Chris Sampson in The Academic Health Economists' Blog on 2020-10-05 11:00:05

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    Cited by:

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    3. Vandenberghe Vincent, 2021. "Differentiating retirement age to compensate for health differences," IZA Journal of Labor Policy, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 11(1), pages 1-34, May.
    4. Filomena, Mattia & Picchio, Matteo, 2021. "Retirement and health outcomes in a meta-analytical framework," GLO Discussion Paper Series 897, Global Labor Organization (GLO).
    5. Zhaoxue Ci, 2022. "Does raising retirement age lead to a healthier transition to retirement? Evidence from the U.S. Social Security Amendments of 1983," Health Economics, John Wiley & Sons, Ltd., vol. 31(10), pages 2229-2243, October.
    6. Martinez-Jimenez, Mario & Hollingsworth, Bruce & Zucchelli, Eugenio, 2021. "Health, Retirement and Economic Shocks," IZA Discussion Papers 14574, Institute of Labor Economics (IZA).
    7. Barschkett, Mara & Geyer, Johannes & Haan, Peter & Hammerschmid, Anna, 2021. "The Effects of an Increase in the Retirement Age on Health – Evidence from Administrative Data," IZA Discussion Papers 14893, Institute of Labor Economics (IZA).
    8. Anikó Bíró & Réka Branyiczki & Péter Elek, 2021. "The Effect of Involuntary Retirement on Healthcare Use and Health Status," CERS-IE WORKING PAPERS 2122, Institute of Economics, Centre for Economic and Regional Studies.
    9. Anikó Bíró & Réka Branyiczki & Péter Elek, 2022. "The effect of involuntary retirement on healthcare use," Health Economics, John Wiley & Sons, Ltd., vol. 31(6), pages 1012-1032, June.
    10. Jan C. van Ours, 2022. "How Retirement Affects Mental Health, Cognitive Skills and Mortality; An Overview of Recent Empirical Evidence," De Economist, Springer, vol. 170(3), pages 375-400, August.

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    More about this item

    Keywords

    Retirement; Labor force participation; Health; Pensions;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • 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

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