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Department of Economics, University of Bergen Working Papers in Economics, Department of Economics, University of Bergen

No 02/17:
Health effects of retirement. Evidence from Norwegian survey and register data

Maja Weemes Grøtting () and Otto Sevaldson Lillebø ()

Abstract: We investigate the relationship between retirement and health, using comprehensive measures from survey- and register data with detailed information on socioeconomic status. Using regression discontinuity at the statutory retirement age of 67, we study health in terms of depression, physical health and acute hospital admissions, with the latter observed for the entire Norwegian population. Our findings suggest that retirement leads to better physical health outcomes for individuals with low socioeconomic status, both for subjective- and objective outcomes, and to increased symptoms of depression for individuals with high socioeconomic status. Our findings highlight the importance of heterogeneity in the health effects.

Keywords: Retirement; Health; Socioeconomic Status; Gender; Regression Discontinuity Design; (follow links to similar papers)

JEL-Codes: I12; I14; I18; I38; J26; (follow links to similar papers)

38 pages, April 7, 2017

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