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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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    More about this item

    Keywords

    Retirement; health; well-being; happiness; regression discontinuity design;

    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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