Sick of retirement?
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Sick of retirement? / Nielsen, Nick Fabrin.
I: Journal of Health Economics, Bind 65, 05.2019, s. 133-152.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › fagfællebedømt
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TY - JOUR
T1 - Sick of retirement?
AU - Nielsen, Nick Fabrin
PY - 2019/5
Y1 - 2019/5
N2 - This paper examines the causal effect of retirement on health and healthcare utilization using two identification strategies on Danish full population data. First, I use a reform of the statutory retirement age in an IV design. Second, I use a large discontinuity in retirement take-up at the earliest age of retirement (60) in a regression discontinuity design. The results show that early retirement leads to decreases in GP visits and hospitalizations of 8–10% in the short run. The reduction in GP visits is driven by a drop in female GP utilization, while both genders contribute equally to the decline in hospitalizations. Early retirement has no effect on health measured by comorbidities or mortality. Statutory retirement has no effect on health or healthcare utilization. The results suggest that gender, age at retirement and complier composition are important sources of heterogeneity.
AB - This paper examines the causal effect of retirement on health and healthcare utilization using two identification strategies on Danish full population data. First, I use a reform of the statutory retirement age in an IV design. Second, I use a large discontinuity in retirement take-up at the earliest age of retirement (60) in a regression discontinuity design. The results show that early retirement leads to decreases in GP visits and hospitalizations of 8–10% in the short run. The reduction in GP visits is driven by a drop in female GP utilization, while both genders contribute equally to the decline in hospitalizations. Early retirement has no effect on health measured by comorbidities or mortality. Statutory retirement has no effect on health or healthcare utilization. The results suggest that gender, age at retirement and complier composition are important sources of heterogeneity.
KW - Health
KW - Healthcare utilization
KW - Retirement
U2 - 10.1016/j.jhealeco.2019.03.008
DO - 10.1016/j.jhealeco.2019.03.008
M3 - Journal article
C2 - 31003209
AN - SCOPUS:85064313168
VL - 65
SP - 133
EP - 152
JO - Journal of Health Economics
JF - Journal of Health Economics
SN - 0167-6296
ER -
ID: 241359548