Does retirement age impact mortality?

Journal of Health Economics

Volumn 32, Issue 3, 2013, Pages 586-598

  Hernaes, Erik ^a   Markussen, Simen ^a   Piggott, John ^b   Vestad, Ola L ^c  

^a RAGNAR FRISCH CENTRE FOR ECONOMIC RESEARCH   (Norway)

^b UNIVERSITY OF NEW SOUTH WALES   (Australia)

^c STATISTICS NORWAY   (Norway)

Author keywords

Instrumental variables; Mortality; Policy evaluation; Retirement age

Indexed keywords

COHORT ANALYSIS; DATA SET; MORTALITY; POLICY REFORM; RETIREMENT;

AGE; ARTICLE; COHORT ANALYSIS; DISABILITY; EMPLOYMENT STATUS; HAZARD RATIO; HEALTH STATUS; HUMAN; LIFE EXPECTANCY; MORTALITY; NORWAY; PENSION; POLICY; POPULATION RISK; RETIREMENT; RISK ASSESSMENT; SENESCENCE; SEX DIFFERENCE; UNEMPLOYMENT INSURANCE;

AGE FACTORS; AGED; COHORT STUDIES; EMPIRICAL RESEARCH; FEMALE; HUMANS; MALE; MORTALITY; NORWAY; PROPORTIONAL HAZARDS MODELS; RETIREMENT;

NORWAY;

EID: 84875675819     PISSN: 01676296     EISSN: 18791646     Source Type: Journal    
DOI: 10.1016/j.jhealeco.2013.03.001     Document Type: Article

References (35)

1. Angrist J.D., Pischke J.S. Mostly Harmless Econometrics 2009, Princeton University Press.
2. Bamia C., Trichopoulou A., Trichopoulous D. Age at retirement and mortality in a general population sample: The Greek EPIC Study. American Journal of Epidemiology 2007, 167(5):561-569.
3. Bingley P., Pedersen P.J. Does early retirement keep you healthy and extend your life? 2011, The Danish National Center for Social Research, Copenhagen School of Economics and Management, Aarhus University, (Preliminary version).
4. Black, S.E., Devereux, P.J., Salvanes, K.G., 2012. Losing heart? The effect of job displacement on health. Working Paper 18660, NBER.
5. Bratberg E., Holmås T.H., Tøgersen O. Assessing the effects of an early retirement program. Journal of Population Economics 2004, 17(3):387-408.
6. Brockmann H., Muller R., Helmert U. Time to retire - time to die? A prospective cohort study of the effects of early retirement on long-term survival. Social Science and Medicine 2009, 69:160-164.
7. Browning M., Heinesen E. Effect of job loss due to plant closure on mortality and hospitalization. Journal of Health Economics 2012, 31(4):599-616.
8. Chomik, R., Whitehouse, E.R., 2010. Trends in pension eligibility and life expectancy, 1950-2050. OECD Social, Employment and Migration Working Papers No. 105, OECD Publishing.
9. Coe, N.B., Lindeboom, M., 2008. Does retirement kill you? Evidence from early retirement windows. Discussion Paper 2008-93, Tilburg University, Center for Economic Research.
10. Coe N.B., Zamarro G. Retirement effects on health in Europe. Journal of Health Economics 2011, 30(1):77-85.
11. Eliason M., Storrie D. Does job loss shorten life?. Journal of Human Resources 2009, 44(2):277-302.
12. Fevang, E., Markussen, S., Røed, K., 2013. The sick pay trap. Journal of Labor Economics, forthcoming.
13. Gallo W.T., Bradley E.H., Falba T.A., Dubin J.A., Cramer L.D., Bogardus S.T., Kasl S.V. Involuntary job loss as a risk factor for subsequent myocardial infarction and stroke: findings from the Health and Retirement Survey. American Journal of Industrial Medicine 2004, 45(5):408-416.
14. Gaure S., Røed K., Zhang T. Time and causality - a Monte Carlo assessment of the timing-of-events approach. Journal of Econometrics 2007, 141(2):1159-1195.
15. Heckman J., Singer B. A method for minimizing the impact of distributional assumptions in econometric models for duration data. Econometrica 1984, 52(2):271-320.
16. Hernaes E., Sollie M., Strøm S. Early retirement and economic incentives. Scandinavian Journal of Economics 2000, 102(3):481-502.
17. Hernaes, E., Piggott, J., Vestad, O.L., Zhang, T., 2011. Job changes, wage changes and pension portability. Working Paper 1/2011, Ragnar Frisch Centre for Economic Research.
18. Hurd M.D., McGarry K. The predictive validity of subjective probabilities of survival. The Economic Journal 2002, 112(October):966-985.
19. Kuhn, A., Wuellrich, J.P., Zweimuller, J., 2010. Fatal attraction? Access to early retirement and mortality. IZA Discussion Paper 5160, The Institute for the Study of Labor (IZA).
20. Lindsay B.G. The geometry of mixture likelihoods: a general theory. The Annals of Statistics 1983, 11:86-94.
21. Litwin H. Does early retirement lead to longer life?. Aging & Society 2007, 27:739-754.
22. The Ministry of Labour and Social Inclusion, 2006. Chapter 1, Governmental White Paper No. 5 (2006-2007). Available from: (accessed 25.01.13). http://www.regjeringen.no/en/dep/aid/Topics/pensions.html%3Fid=939.
23. NOU, 1998:19. Fleksibel pensjonering. Norges offentlige utredninger, The Ministry of Finance, 27 November 1998 (in Norwegian).
24. OECD Pensions at a Glance 2011, OECD, Paris.
25. Quaade T., Engholm G., Johansen A.M.T., Moller H. Mortality in relation to early retirement in Denmark: a population-based study. Scandinavian Journal of Public Health 2002, 30(3):216-222.
26. Rege M., Telle K., Votruba M. The effect of plant downsizing on disability pension utilization. Journal of the European Economic Association 2009, 7(4):754-785.
27. Røed K., Haugen F. Early retirement and economic incentives: evidence from a quasi-natural experiment. Labour 2003, 17:203-228.
28. Salm M. Does job loss cause ill health?. Health Economics 2009, 18:1075-1089.
29. Shim M.J., Gimeno D., Pruitt S.L., McLeod C.B., Foster M.J., Amick B.C. A systematic review of retirement as a risk factor for mortality. Accepted as a presentation in The Population Association of America 2010 Annual Meeting 2010.
30. Skirbekk V., Telle K., Nymoen E., Brunborg H. Retirement and mortality in Norway - is there a real connection?. Wirtschaftspolitische Herausforderungen des Demographischen Wandels 2010, VS Verlag fur Sozialwissenschaften, Springer Fachmedien Wiesbaden Gmbh. T. Salzmann, V. Skirbekk, M. Weiberg (Eds.).
31. Sullivan D., von Wachter T. Job displacement and mortality: an analysis using administrative data. Quarterly Journal of Economics 2009, 124(3):1265-1306.
32. Strand B.H., Grøholt E.K., Steingrimsdottir O.A., Blakely T., Graff-Iversen S., Naess Ø. Educational inequalities in mortality over four decades in Norway: prospective study of middle aged men and women followed for cause specific mortality, 1960-2000. British Medical Journal 2010, 340:c654.
33. Tsai S.P., Wendt J.K., Donnelly R.P., de Jong G., Ahmed F.S. Age at retirement and long term survival of an industrial population: prospective cohort study. British Medical Journal 2005, 331:995.
34. Vestad, O.L., 2012. Labour supply effects of early retirement provision. Discussion Paper No. 717, Statistics Norway.
35. Waldron, H., 2001. Links between early retirement and mortality. ORES Working Paper 93, Division of Economic Research, Social Security Administration.