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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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    Cited by:

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    2. 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.
    3. Frank van Erp & Niels Vermeer & Daniel van Vuuren, 2013. "Non-financial determinants of retirement," CPB Discussion Paper 243, CPB Netherlands Bureau for Economic Policy Analysis.
    4. Nivorozhkina L.I. & Abazieva K.G. & Dolbina S.V., 2019. "Impact of Contemporary Pension Reforms on Households’ Welfare," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 258-269.
    5. Gorlin, Yury (Горлин, Юрий) & Lyashok, Victor (Ляшок, Виктор) & Maleva, Tatiana (Малева, Татьяна), 2018. "Increase in Retirement Age: Positive Effects and Likely Risks [Повышение Пенсионного Возраста: Позитивные Эффекты И Вероятные Риски]," Working Papers 031804, Russian Presidential Academy of National Economy and Public Administration.
    6. Stefanie Behncke, 2012. "Does retirement trigger ill health?," Health Economics, John Wiley & Sons, Ltd., vol. 21(3), pages 282-300, March.
    7. Peter Hicks, 2012. "Later Retirement: the Win-Win Solution," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 345, March.
    8. 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.
    9. Kajitani, Shinya, 2011. "Working in old age and health outcomes in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 153-162.
    10. Gorlin, Yuriy M. (Горлин, Юрий М.) & Lyashok, Victor Yu. (Ляшок, Виктор Ю.) & Maleva, Tatiana M. (Малева, Татьяна М.), 2018. "Pension Age Increase: Positive Effects and the Possible Risks [Повышение Пенсионного Возраста: Позитивные Эффекты И Вероятные Риски]," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 148-179, February.
    11. 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.

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    More about this item

    Keywords

    retirement; health; matching methods; ELSA;
    All these keywords.

    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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