Arbeitspapier

Retirement and cognitive abilities

This paper investigates how retirement influences the cognitive abilities of British older workers. The analysis employs data from Understanding Society and relies on an instrumental variable approach to address endogeneity bias. Consistent with the "use it or lose it" hypothesis, we show that retirement induces cognitive decline, although the relationship is weaker for women employed in routine occupations. Disregarding potentially offsetting effects on other dimensions of health, we conclude that extending the working life has a beneficial effect on the cognitive capital of older workers and that maintaining a mentally engaging and stimulating life-style during retirement contributes to the cognitive health of the mature population.

Sprache
Englisch

Erschienen in
Series: ISER Working Paper Series ; No. 2016-06

Klassifikation
Wirtschaft
Retirement; Retirement Policies
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Thema
cognitive abilities
retirement
state pension age

Ereignis
Geistige Schöpfung
(wer)
Tumino, Alberto
Ereignis
Veröffentlichung
(wer)
University of Essex, Institute for Social and Economic Research (ISER)
(wo)
Colchester
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

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

  • Tumino, Alberto
  • University of Essex, Institute for Social and Economic Research (ISER)

Entstanden

  • 2016

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