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Health effects of retirement: evidence from survey and register data

Grøtting, Maja Weemes; Lillebø, Otto Sevaldson
Journal article, Peer reviewed
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URI
https://hdl.handle.net/10642/8297
Date
2019-07-05
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  • SVA - Norwegian Social Research (NOVA) [621]
Original version
Grøtting M, Lillebø OS. Health effects of retirement: evidence from survey and register data. Journal of Population Economics. 2019:1-34   https://dx.doi.org/10.1007/s00148-019-00742-9
Abstract
Using a local randomized experiment that arises from the statutory retirement age in Norway, we study the effect of retirement on health across gender and socioeconomic status. We apply data from administrative registers covering the entire population and from survey data of a random sample to investigate the effects of retirement on acute hospital admissions, mortality, and a composite physical health score. Our results show that retirement has a positive effect on physical health, especially for individuals with low socioeconomic status. We find no effects of retirement on acute hospitalizations or mortality in general. However, our results suggest that retirement leads to reduced likelihood of hospitalizations for individuals with low socioeconomic status. Finally, we show that the positive health effects are driven by reduced pain and reduced health limitations in conducting daily activities. Our findings highlight heterogeneity in the health effects across socioeconomic status and across subjective and objective measures of health.
Publisher
Springer (part of Springer Nature)
Series
Journal of Population Economics;Volume 33, Issue 2
Journal
Journal of Population Economics

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