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Retirement effects on health in Europe;

机译:退休对欧洲健康的影响;

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摘要

What are the health impacts of retirement? As talk of raising retirement ages in pensions and social security schemes continues around the world, it is important to know both the costs and benefits for the individual, as well as the governments' budgets. In this paper we use the Survey of Health, Ageing and Retirement in Europe (SHARE) dataset to address this question in a multi-country setting. We use country-specific early and full retirement ages as instruments for retirement behavior. These statutory retirement ages clearly induce retirement, but are not related to an individual's health. Exploiting the discontinuities in retirement behavior across countries, we find significant evidence that retirement has a health-preserving effect on overall general health. Our estimates indicate that retirement leads to a 35 percent decrease in the probability of reporting to be in fair, bad, or very bad health, and an almost one standard deviation improvement in the health index. While the self-reported health seems to be a temporary impact, the health index indicates there are long-lasting health differences.
机译:退休对健康有什么影响?随着关于提高退休金和社会保障计划的退休年龄的讨论在世界各地持续不断,重要的是要了解个人的成本和收益以及政府的预算。在本文中,我们使用欧洲健康,老龄化和退休调查(SHARE)数据集来解决多国环境中的这一问题。我们使用特定国家/地区的提前和完全退休年龄作为退休行为的工具。这些法定退休年龄显然会导致退休,但与个人健康无关。利用各国退休行为的不连续性,我们发现大量证据表明退休对整体总体健康具有健康保护作用。我们的估计表明,退休会使报告处于健康,不良或非常不良状态的可能性降低35%,并且健康指数会提高近一个标准差。尽管自我报告的健康状况似乎是暂时的影响,但健康指数表明存在长期的健康差异。

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