Does retirement age impact mortality?

Arbeitspapier

This paper studies the relationship between retirement and mortality, using a unique administrative data set covering the full population of Norway. We make use of a series of retirement policy changes in Norway, which reduced the retirement age for a group of workers but not for others. By employing a difference-in-differences framework based on monthly birth cohort and treatment group status we first establish that the early retirement program significantly reduced the retirement age - this remains true when we account for program substitution, for example into the disability pension. Using instrumental variables estimation we find that retirement age has no effect on mortality.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Memorandum ; No. 19/2012

Classification and Topics

• Classification: Wirtschaft ; Social Security and Public Pensions ; Health: General ; Demographic Trends, Macroeconomic Effects, and Forecasts ; Retirement; Retirement Policies
• Subject: Retirement age ; Mortality ; Instrumental variables ; Policy evaluation ; Altersgrenze ; Sterblichkeit ; Wirkungsanalyse ; Instrumentalvariablen-Schätzmethode ; Norwegen

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hernaes, Erik ; Markussen, Simen ; Piggott, John ; Vestad, Ola
• Event: Veröffentlichung
• (who): University of Oslo, Department of Economics
• (where): Oslo
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/90737
• Last update: 10.03.2025, 11:43 AM CET