Arbeitspapier

Pension Reforms, Longer Working Horizons and Depression. Does the Risk of Automation Matter?

We investigate the effect of postponing minimum retirement age on middle-aged workers' depression. Using pension reforms in several European countries and data from the SHARE survey, we find that depression increases with a longer work horizon, but only among workers employed in occupations with a relatively high risk of automation. We rule out alternatives to this risk, including job strenuousness, education, gender, and the degree of routinization of occupations. We explain our results with the higher job insecurity associated with occupations more exposed to automation.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 15700

Classification
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Retirement; Retirement Policies
Technological Change: Choices and Consequences; Diffusion Processes
Subject
pension reforms
depression
automation
SHARE

Event
Geistige Schöpfung
(who)
Bertoni, Marco
Brunello, Giorgio
Da Re, Filippo
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2022

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bertoni, Marco
  • Brunello, Giorgio
  • Da Re, Filippo
  • Institute of Labor Economics (IZA)

Time of origin

  • 2022

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