Does Retirement Age Impact Mortality?
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Forfattere:
Hernæs, Erik, Simen Markussen, John Piggott, Ola Vestad
År:
2013
Referanse:
Vol 32(3),586-598Sammendrag (engelsk)
The relationship between retirement and mortality is studied with a unique administrative data set covering the full population of Norway. A series of retirement policy changes in Norway reduced the retirement age for a group of workers but not for others. By employing a difference-in-differences framework based on monthly birth cohort and treatment group status we first establish that the early retirement program significantly reduced the retirement age – this remains true when we account for program substitution, for example into the disability pension. Using instrumental variables estimation we find that retirement age has no effect on mortality.
Nøkkelord:
Retirement age, Mortality, Instrumental variables, Policy evaluation
JEL:
H55, I10, J11, J26
Prosjekt info:
Oppdragsgiver: Norges forskningsrådOppdragsgivers prosjektnr.: 202513
Frisch prosjekt: 1172 - Social Insurance and Labor Market Inclusion in Norway
Oppdragsgiver: Arbeids- og inkluderingsdepartementet
Oppdragsgivers prosjektnr.:
Frisch prosjekt: 1307 - Strategisk instituttprogram om pensjonsforskning