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How Does Retirement Affect Health?

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  • Behncke S

Abstract

This paper investigates the effects of retirement on various health outcomes. Data stem from the ¯rst three waves of the English Longitudinal Study of Ageing (ELSA). With this informative data, non-parametric matching methods can be applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a chronic condition. In particular, it raises the risk of developing a cardiovascular disease and being diagnosed with cancer. Estimates also indicate that retirement has quite diverse effects for different individuals.

Suggested Citation

  • Behncke S, 2009. "How Does Retirement Affect Health?," Health, Econometrics and Data Group (HEDG) Working Papers 09/11, HEDG, c/o Department of Economics, University of York.
  • Handle: RePEc:yor:hectdg:09/11
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Andreas Kuhn & Jean-Philippe Wuellrich & Josef Zweimüller, 2010. "Fatal attraction? Access to early retirement and mortality," IEW - Working Papers 499, Institute for Empirical Research in Economics - University of Zurich.
    2. Frank van Erp & Niels Vermeer & Daniël van Vuuren, 2013. "Non-financial determinants of retirement," CPB Discussion Paper 243, CPB Netherlands Bureau for Economic Policy Analysis.
    3. Peter Hicks, 2012. "Later Retirement: the Win-Win Solution," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 345, March.
    4. Maes, Marjan & Stammen, Benjamin, 2011. "The impact of (early) retirement on the subsequent physical and mental health of the retired: a survey among general practitioners in Belgium," Working Papers 2011/03, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
    5. Kajitani, Shinya, 2011. "Working in old age and health outcomes in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 153-162.
    6. Hernán Bejarano & Hillard Kaplan & Stephen Rassenti, 2014. "Effects of Retirement and Lifetime Earnings Profile on Health Investment," Working Papers 14-21, Chapman University, Economic Science Institute.

    More about this item

    Keywords

    retirement; health; matching methods; ELSA;

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • 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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