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The Mental Health Effects of Retirement

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  • Picchio, Matteo
  • van Ours, Jan C.

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

  • Picchio, Matteo & van Ours, Jan C., 2019. "The Mental Health Effects of Retirement," GLO Discussion Paper Series 426, Global Labor Organization (GLO).
    • Handle: RePEc:zbw:glodps:426
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    Cited by:

    1. Julien Bergeot & Roméo Fontaine, 2020. "The heterogeneous effect of retirement on informal care behavior," Health Economics, John Wiley & Sons, Ltd., vol. 29(10), pages 1101-1116, October.
    2. Filomena, Mattia & Picchio, Matteo, 2021. "Retirement and health outcomes in a meta-analytical framework," GLO Discussion Paper Series 897, Global Labor Organization (GLO).
    3. Salm, Martin & Siflinger, Bettina & Xie, Mingjia, 2021. "The Effect of Retirement on Mental Health: Indirect Treatment Effects and Causal Mediation," Other publications TiSEM e28efa7f-8219-437c-a26d-2, Tilburg University, School of Economics and Management.
    4. Antoine Bozio & Clémentine Garrouste & Elsa Perdrix, 2021. "Impact of later retirement on mortality: Evidence from France," Health Economics, John Wiley & Sons, Ltd., vol. 30(5), pages 1178-1199, May.
    5. Nathan Kettlewell & Jack Lam, 2022. "Retirement, social support and mental well-being: a couple-level analysis," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 23(3), pages 511-535, April.
    6. Mara Barschkett & Johannes Geyer & Peter Haan & Anna Hammerschmid, 2021. "The Effects of an Increase in the Retirement Age on Health: Evidence from Administrative Data," Discussion Papers of DIW Berlin 1985, DIW Berlin, German Institute for Economic Research.
    7. Steve Briand, 2020. "Beyond the direct impact of retirement: coordination by couples in preventive and risky behaviors," Working Papers hal-02467440, HAL.
    8. Jan C. van Ours, 2021. "What a drag it is getting old? Mental health and loneliness beyond age 50," Applied Economics, Taylor & Francis Journals, vol. 53(31), pages 3563-3576, July.
    9. Antoine Bozio & Clémentine Garrouste & Elsa Perdrix, 2021. "Impact of Later Retirement on Mortality: Evidence from France," PSE Working Papers hal-03352846, HAL.
    10. Antoine Bozio & Clémentine Garrouste & Elsa Perdrix, 2021. "Impact of Later Retirement on Mortality: Evidence from France," Working Papers hal-03352846, HAL.

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    More about this item

    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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