Short- and long-run estimates of the local effects of retirement on health

Fe, Eduardo and Hollingsworth, Bruce Philip (2016) Short- and long-run estimates of the local effects of retirement on health. Journal of the Royal Statistical Society: Series A (Statistics in Society), 179 (4). pp. 1051-1067. ISSN 0964-1998

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Abstract

We explore the existence of short- and long-term effects of retirement on health. Short-term effects are estimated with a regression discontinuity design which is robust to weak instruments and where the underlying assumptions of continuity of potential outcomes are uncontroversial. To identify the long-term effects we propose a parametric model which, under strong assumptions, can separate normal deterioration of health from the causal effects of retirement. We apply our framework to the British Household Panel Survey and find that retirement has little effect on health. However, our estimates suggest that retirement opens the gate to a sedentary life with an impoverished social component and this is a channel through which retirement could indirectly affect health in the long run.

Item Type: Journal Article
Journal or Publication Title: Journal of the Royal Statistical Society: Series A (Statistics in Society)
Additional Information: This is the peer reviewed version of the following article: Fé, E. and Hollingsworth, B. (2015), Short- and long-run estimates of the local effects of retirement on health. Journal of the Royal Statistical Society: Series A (Statistics in Society). doi: 10.1111/rssa.12156 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/rssa.12156/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.
Uncontrolled Keywords: /dk/atira/pure/subjectarea/asjc/1800/1804
Subjects:
Departments: Faculty of Health and Medicine > Health Research
ID Code: 80187
Deposited By: ep_importer_pure
Deposited On: 27 Jun 2016 15:36
Refereed?: Yes
Published?: Published
Last Modified: 25 Feb 2020 02:48
URI: https://eprints.lancs.ac.uk/id/eprint/80187

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