Arbeitspapier

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

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.

Sprache
Englisch

Erschienen in
Series: Tinbergen Institute Discussion Paper ; No. TI 2022-050/V

Klassifikation
Wirtschaft
Health and Inequality
Retirement; Retirement Policies
Thema
Retirement
Mental health
Cognitive ability
Mortality

Ereignis
Geistige Schöpfung
(wer)
van Ours, Jan C.
Ereignis
Veröffentlichung
(wer)
Tinbergen Institute
(wo)
Amsterdam and Rotterdam
(wann)
2022

Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • van Ours, Jan C.
  • Tinbergen Institute

Entstanden

  • 2022

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