Quit Your Job and Get Healthier? The Effect of Retirement on Health

TitleQuit Your Job and Get Healthier? The Effect of Retirement on Health
Publication TypeJournal Article
Year of Publication2008
AuthorsNeuman, K
JournalJournal of Labor Research
Volume29
Issue2
Pagination177
Call Numbernewpubs20080528_JnlLabRes.pdf
KeywordsHealthcare, Retirement Planning and Satisfaction
Abstract

Although the health effect of retirement has important policy implications, few economists have researched the topic. This paper utilizes longitudinal data from the Health and Retirement Study and instruments retirement status using exogenous variation in public and private pensions. Subjective health change models indicate retirement preserves the health of both men and women, although insignificant results for objective health change models suggest the preservation may be more perceived than real. The same pattern of results is found using continuous measures of annual hours. At the very least, the results give strong evidence against the anecdotal idea that retirement harms health.

Endnote Keywords

Health care/Retirement Policies

Endnote ID

18950

Citation Key7224