Arbeitspapier

The retirement mortality puzzle: Evidence from a regression discontinuity design

I estimate the effect of retirement on mortality, exploiting two discontinuities at age-based eligibility thresholds for pension claiming in Germany. The analysis is based on unique social security records that document the age at death for the universe of participants in the German public pension system. Using variation from bunching of retirements at age-based eligibility thresholds, I demonstrate that retirement can have both mortality-decreasing and mortality-increasing effects, depending on the group of retirees who comply to eligibility at each threshold. To reconcile heterogeneous effects with likewise mixed results from the literature I provide evidence that the retirement-mortality nexus is driven by the activity change at retirement.

Sprache
Englisch
ISBN
978-3-86788-928-5

Erschienen in
Series: Ruhr Economic Papers ; No. 800

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
retirement
mortality
age-based eligibility thresholds
regression discontinuity design

Ereignis
Geistige Schöpfung
(wer)
Giesecke, Matthias
Ereignis
Veröffentlichung
(wer)
RWI - Leibniz-Institut für Wirtschaftsforschung
(wo)
Essen
(wann)
2019

DOI
doi:10.4419/86788928
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Giesecke, Matthias
  • RWI - Leibniz-Institut für Wirtschaftsforschung

Entstanden

  • 2019

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