Retirement and Unexpected Health Shocks

Economics and Human Biology
Bénédicte H ApoueyClaudia Senik

Abstract

Is retirement good for your health? We complement previous studies by exploring the effect of retirement on unexpected health evolution. Using panel data from the Household, Income and Labour Dynamics in Australia survey (2001-2014), we construct measures of the mismatch between individual expected and actual health evolution (hereafter "health shocks"). In our approach, reverse causation running from health shocks to retirement is highly unlikely, because we look at shocks that happen after retirement, and those shocks are, by definition, unanticipated. We find that retirement decreases the probability of negative shocks (by approximately 16% to 24% for men and 14% to 23% for women) while increasing the likelihood of positive shocks (by 9% to 14% for men and 10% to 13% for women). This result is robust to the use of different lead-lag structures and of alternative measures of health change. Our findings are thus consistent with a positive impact of retirement on health.

References

May 27, 1999·Journal of Health Economics·D S Dwyer, O S Mitchell
Sep 17, 2005·Health Economics·Doreen Wing Han AuMartin Schellhorn
Oct 18, 2005·Health Economics·Lixin Cai, Guyonne Kalb
May 9, 2006·Journal of Health Economics·Richard DisneyMatthew Wakefield
Jun 7, 2008·Health Economics·Petri Böckerman, Pekka Ilmakunnas
Dec 25, 2010·Journal of Health Economics·Norma B Coe, Gema Zamarro
Feb 16, 2011·Health Economics·Stefanie Behncke
Aug 6, 2011·Health Economics·Norma B CoeJürgen Maurer
Apr 28, 2012·Journal of Health Economics·Eric BonsangSergio Perelman
Jun 17, 2015·Journal of Health Economics·Peter Eibich
Sep 25, 2015·Economics and Human Biology·Andries de GripMartin van Boxtel
Nov 9, 2015·Journal of Health Economics·Daniel HallbergMalin Josephson
Dec 29, 2015·Journal of Health Economics·Mathilde Godard
Jul 17, 2016·Social Science & Medicine·Rong Zhu
Feb 8, 2018·Economics and Human Biology·Tommy Bengtsson, Anton Nilsson

❮ Previous
Next ❯

Citations

Dec 28, 2019·Journal of Sleep Research·Rize JingHai Fang
Jan 8, 2021·BMC Health Services Research·Sarah HewkoCharlene VanLeeuwen

❮ Previous
Next ❯

Related Concepts

Trending Feeds

COVID-19

Coronaviruses encompass a large family of viruses that cause the common cold as well as more serious diseases, such as the ongoing outbreak of coronavirus disease 2019 (COVID-19; formally known as 2019-nCoV). Coronaviruses can spread from animals to humans; symptoms include fever, cough, shortness of breath, and breathing difficulties; in more severe cases, infection can lead to death. This feed covers recent research on COVID-19.

Blastomycosis

Blastomycosis fungal infections spread through inhaling Blastomyces dermatitidis spores. Discover the latest research on blastomycosis fungal infections here.

Nuclear Pore Complex in ALS/FTD

Alterations in nucleocytoplasmic transport, controlled by the nuclear pore complex, may be involved in the pathomechanism underlying multiple neurodegenerative diseases including Amyotrophic Lateral Sclerosis and Frontotemporal Dementia. Here is the latest research on the nuclear pore complex in ALS and FTD.

Applications of Molecular Barcoding

The concept of molecular barcoding is that each original DNA or RNA molecule is attached to a unique sequence barcode. Sequence reads having different barcodes represent different original molecules, while sequence reads having the same barcode are results of PCR duplication from one original molecule. Discover the latest research on molecular barcoding here.

Chronic Fatigue Syndrome

Chronic fatigue syndrome is a disease characterized by unexplained disabling fatigue; the pathology of which is incompletely understood. Discover the latest research on chronic fatigue syndrome here.

Evolution of Pluripotency

Pluripotency refers to the ability of a cell to develop into three primary germ cell layers of the embryo. This feed focuses on the mechanisms that underlie the evolution of pluripotency. Here is the latest research.

Position Effect Variegation

Position Effect Variagation occurs when a gene is inactivated due to its positioning near heterochromatic regions within a chromosome. Discover the latest research on Position Effect Variagation here.

STING Receptor Agonists

Stimulator of IFN genes (STING) are a group of transmembrane proteins that are involved in the induction of type I interferon that is important in the innate immune response. The stimulation of STING has been an active area of research in the treatment of cancer and infectious diseases. Here is the latest research on STING receptor agonists.

Microbicide

Microbicides are products that can be applied to vaginal or rectal mucosal surfaces with the goal of preventing, or at least significantly reducing, the transmission of sexually transmitted infections. Here is the latest research on microbicides.

Related Papers

Canadian Medical Association Journal
A D Kelly
Health Economics
Pilar García Gómez, Angel López Nicolás
J Iowa State Med Soc
H D BAKER
Canadian Medical Association Journal
© 2022 Meta ULC. All rights reserved