Working Paper Series
IFAU - Institute for Evaluation of Labour Market and Education Policy
What are the Health effects of postponing retirement? An instrumental variable approach
Abstract: This essay estimates the causal effect of postponing
retirement on a wide range of health outcomes using Swedish administrative
data on cause-specific mortality, hospitalizations and drug prescriptions.
Exogenous variation in retirement timing comes from a reform which raised
the age at which broad categories of Swedish local government workers were
entitled to retire with full pension benefits from 63 to 65. Instrumental
variable estimation results show no evidence that postponing retirement
impacts mortality or health care utilization.
Keywords: Health; mortality; Health care; pension reform; retirement; (follow links to similar papers)
JEL-Codes: I18; J22; J26; (follow links to similar papers)
61 pages, June 15, 2016
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Full text versions of the paper:
wp2016-11-what-are-the-he ... postponing-retirement.pdf
- This paper is forthcoming as:
Hagen, Johannes, 'The effects of increasing the normal retirement age on health care utilization and mortality', Journal of Population Economics.
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