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Does Retirement Change Lifestyle Habits?

Author

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  • MOTEGI Hiroyuki
  • NISHIMURA Yoshinori
  • TERADA Kazuyuki

Abstract

This paper studies the effect of retirement on lifestyle habits, including drinking, smoking, exercise, and sleeping, by using panel data from the Japanese Study of Aging and Retirement (JSTAR). Rich information in JSTAR enables us to use an interesting instrumental variable to account for endogeneity. We have three contributions in this paper. This is the first paper that focuses on and investigates the mechanism of the relation between retirement and health, namely, lifestyle habits. Second, new results show that people reduce drinking after retirement and increase sleeping time on weekdays although smoking, frequency of exercise, and sleeping time on holidays seem to be unchanged. Third, controlling important factors also allows us to inspect the detailed channels between retirement and lifestyle habits. Our estimation suggests that the peer effect in the workplace may be influential mainly on drinking habits.

Suggested Citation

  • MOTEGI Hiroyuki & NISHIMURA Yoshinori & TERADA Kazuyuki, 2015. "Does Retirement Change Lifestyle Habits?," Discussion papers 15068, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:dpaper:15068
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    Cited by:

    1. Motegi, Hiroyuki & Nishimura, Yoshinori & Oikawa, Masato, 2017. "Examining the Changes in Health Investment Behavior After Retirement: A Harmonized Analysis," MPRA Paper 77674, University Library of Munich, Germany.
    2. MORIKAWA Masayuki, 2018. "Smoking, Obesity, and Labor Market Outcomes: Evidence from Japan," Discussion papers 18023, Research Institute of Economy, Trade and Industry (RIETI).
    3. 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.
    4. Rose, Liam, 2020. "Retirement and health: Evidence from England," Journal of Health Economics, Elsevier, vol. 73(C).
    5. Nishimura, Yoshinori, 2016. "Did Government Intervention on Firm’s Employment Policies Have an Effect on the Employment of Elderly Workers?," MPRA Paper 73444, University Library of Munich, Germany.
    6. 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.
    7. 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.
    8. 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.
    9. Chong-Hwan Son, 2020. "The Effects of Retirement on Health-Related Quality of Life of Retirement-Aged Adults for Four Marital Status Subgroups," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 9(1), pages 179-201, June.
    10. 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).
    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).

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    • I00 - Health, Education, and Welfare - - General - - - General

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