Retirement Blues

Heller‐Sahlgren, Gabriel

doi:10.2139/ssrn.2741815

Cited by 18 publications

(25 citation statements)

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“…A final issue worth pointing out is that the short-term effects of retirement may be different from its longer-term effects because changes in health behavior-representing the most important causal mechanism-most likely do not have immediate, but only delayed effects [8], [9]. For example, if retirement triggers bad health behavior such as more intense smoking and drinking or less exercising, then this change in behavior will only show up some considerable time after retirement.…”

Section: Choice Of Health Outcomes and Time Horizon Under Considerationmentioning

confidence: 99%

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The complex effects of retirement on health

Kühn¹

2018

izawol

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Section: Choice Of Health Outcomes and Time Horizon Under Considerationmentioning

confidence: 99%

“…[4], [7], [13]), though there are the usual exceptions to the rule (e.g. [9]). As discussed Under what circumstances does retirement (not) trigger ill health?…”

Section: Subjective Health Measuresmentioning

confidence: 99%

The complex effects of retirement on health

Kühn¹

2018

izawol

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“…Findings in the empirical literature regarding the health effects of retirement are mixed. Some studies report positive effects (Coe and Zamarro 2011;Eibich 2015), whereas others report negative effects (Behncke 2012;Mazzonna and Peracchi 2017) or no effects (Hernaes et al 2013;Heller-Sahlgren 2017). Although some studies highlight the importance of SES in these health effects (Coe and Zamarro 2011;Eibich 2015), there is limited evidence from formal tests to suggest that the effects differ by SES.…”

Section: Introductionmentioning

confidence: 99%

Health effects of retirement: evidence from survey and register data

Grøtting

Lillebø

2019

J Popul Econ

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Using a local randomized experiment that arises from the statutory retirement age in Norway, we study the effect of retirement on health across gender and socioeconomic status. We apply data from administrative registers covering the entire population and from survey data of a random sample to investigate the effects of retirement on acute hospital admissions, mortality, and a composite physical health score. Our results show that retirement has a positive effect on physical health, especially for individuals with low socioeconomic status. We find no effects of retirement on acute hospitalizations or mortality in general. However, our results suggest that retirement leads to reduced likelihood of hospitalizations for individuals with low socioeconomic status. Finally, we show that the positive health effects are driven by reduced pain and reduced health limitations in conducting daily activities. Our findings highlight heterogeneity in the health effects across socioeconomic status and across subjective and objective measures of health.

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“…A second objective of the analysis is to compare relative effects between the younger and the older segment, i.e. persons aged 50–64 and those aged 65 or higher, as the latter group includes mainly pensioners for whom income may be less important compared to younger persons; further, retirement itself is known to have an effect on physical and mental health (Coe and Zamarro, 2011; Belloni et al , 2016; Clouston and Denier, 2017; Heller-Sahlgren, 2017). The third objective is to assess differentials across four European regions (Southern, Northern, Western and Central/Eastern) which are characterised by differences in depression levels, living standards, Gross Domestic Product (GDP), and health-care and welfare systems in order to establish whether individual SES has a greater effect in more deprived areas.…”

Section: Introductionmentioning

confidence: 99%

The impact of wealth and income on the depression of older adults across European welfare regimes

2019

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This paper examines the impact of wealth and income on the likelihood of depression among persons aged 50 or higher in four European regions characterised by differences in the standards of living and welfare systems. To address possible effects, data from Wave 6 of the Survey of Health, Ageing and Retirement in Europe (SHARE) have been used. Based on a sample of 60,864 persons resident in 16 European countries and a binary indicator of depression, probit and instrumental variable probit models were employed, the latter of which deal with issues of endogeneity and omitted variable bias. The findings show differences in the prevalence of depression across Europe, favouring the more affluent North/Western countries. Further, there is a difference in the role and the magnitude of the effect of income and wealth across different regions. First, though both measures exhibit a measurable effect, their impact is greater in the poorer Central/Eastern and Southern regions; this divide is more pronounced for wealth. Second, income seems to have a stronger effect compared to wealth in all instances: hence, it would seem that liquidity is more important among Europeans aged 50 or higher than assets. Nevertheless, neither income nor wealth are important among persons aged 65 or higher in Nordic countries which may be partly attributable to a more equitable welfare system.

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Retirement Blues

Cited by 18 publications

References 0 publications

The complex effects of retirement on health

The complex effects of retirement on health

Health effects of retirement: evidence from survey and register data

The impact of wealth and income on the depression of older adults across European welfare regimes

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