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The Mental Health Effects Of Retirement

Author

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  • Matteo Picchio

    (Dipartimento di Scienze Economiche e Sociali - Universita' Politecnica delle Marche)

  • Jan van Ours

    (Erasmus School of Economics, Erasmus University Rotterdam, Burg)

Abstract

We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility age to the state pension in the Netherlands. We find that the mental effects are heterogeneous by gender and marital status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental health of their partners. Part of the effects seem to be driven by loneliness after retirement.

Suggested Citation

  • Matteo Picchio & Jan van Ours, 2019. "The Mental Health Effects Of Retirement," Working Papers 442, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  • Handle: RePEc:anc:wpaper:442
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    Cited by:

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    2. Jan van Ours, 2020. "What a drag it is getting old? Mental health and loneliness beyond age 50," Tinbergen Institute Discussion Papers 20-075/V, Tinbergen Institute.
    3. 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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    5. Kettlewell, Nathan & Lam, Jack, 2020. "Retirement, Social Support and Mental Wellbeing: A Couple-level Analysis," IZA Discussion Papers 13403, Institute of Labor Economics (IZA).

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    More about this item

    Keywords

    Keywords: retirement; health; well-being; happiness; regression discontinuity design.;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • 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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