Arbeitspapier

Can pensions save lives? Evidence from the introduction of old-age assistance in the UK

I study the impact of old-age assistance on mortality using the introduction of public pensions in the UK in 1909 as a quasi-natural experiment. Exploiting the newly created pension eligibility age through a difference-in-difference as well as an event-time design, I show that elderly mortality in England and Wales declined after the pension was introduced. The estimated mortality decline is economically relevant, more pronounced in counties with a higher share of pensioners and is driven by fewer deaths from infectious as well as non-infectious diseases. An analysis of full-count individual-level census data points to a reduction in residential crowding and retirement, especially from occupations associated with high mortality rates, as likely channels.

ISBN
978-3-96973-161-1
Sprache
Englisch

Erschienen in
Series: Ruhr Economic Papers ; No. 995

Klassifikation
Wirtschaft
Social Security and Public Pensions
Health Behavior
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Retirement; Retirement Policies
Thema
Old-age assistance
mortality
retirement

Ereignis
Geistige Schöpfung
(wer)
Jäger, Philipp
Ereignis
Veröffentlichung
(wer)
RWI - Leibniz-Institut für Wirtschaftsforschung
(wo)
Essen
(wann)
2023

DOI
doi:10.4419/96973161
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Jäger, Philipp
  • RWI - Leibniz-Institut für Wirtschaftsforschung

Entstanden

  • 2023

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