Health, Retirement and Economic Shocks

Jimenez, Mario Martinez; Hollingsworth, Bruce; Zucchelli, Eugenio

doi:10.2139/ssrn.3892602

Cited by 1 publication

(1 citation statement)

References 38 publications

(53 reference statements)

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“…The authors suggest that health deterioration especially occurs for women working in exposure jobs with high demand and low control at work although as an alternative explanation they also mention the possibility that the decline in health is related to the drop in income accompanying the increase of the statutory retirement age. Martinez-Jimenez et al, (2021) find opposite mental health effects for English workers retiring. Using the CES-D indicator and a DiD approach, they find that retirement leads to an average deterioration in mental health but with considerable heterogeneity by gender and occupational status.…”

Section: Mental Healthmentioning

confidence: 80%

How Retirement Affects Mental Health, Cognitive Skills and Mortality; An Overview of Recent Empirical Evidence

Ours

2022

De Economist

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Retiring is an individual labor market transition that affects the personal life of the workers involved and sometimes the life of their partners. This paper presents an overview of recent studies on the effects of retirement on mental health, cognitive ability and mortality. The results are all over the place but on average it seems like at retirement mental health improves, cognitive skills deteriorate and mortality is not affected. However, there is substantial effect heterogeneity. The range of outcomes is partly related to heterogeneity in terms of personal characteristics, type of job, institutional arrangements, and whether retiring was voluntary or mandatory. The variation in empirical findings makes it hard to see the forest for the trees and advocate evidence-based retirement policies that take health effects into account. Nevertheless, introducing more individual flexibility in the timing of retirement is a worthwhile policy alternative since this seems to be unambiguously beneficial for the health of workers retiring.

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Section: Mental Healthmentioning

confidence: 80%

How Retirement Affects Mental Health, Cognitive Skills and Mortality; An Overview of Recent Empirical Evidence

Ours

2022

De Economist

View full text Add to dashboard Cite

show abstract

Health, Retirement and Economic Shocks

Cited by 1 publication

References 38 publications

How Retirement Affects Mental Health, Cognitive Skills and Mortality; An Overview of Recent Empirical Evidence

How Retirement Affects Mental Health, Cognitive Skills and Mortality; An Overview of Recent Empirical Evidence

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