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Title:Fatal attraction? Access to early retirement and mortality PDF Logo
Authors:Kuhn, Andreas
Wuellrich, Jean-Philippe
Zweimüller, Josef
Issue Date:2010
Series/Report no.:Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5160
Abstract:We estimate the causal effect of early retirement on mortality for blue-collar workers. To overcome the problem of endogenous selection, we exploit an exogenous change in unemployment insurance rules in Austria that allowed workers in eligible regions to withdraw from the workforce up to 3.5 years earlier than those in non-eligible regions. For males, instrumental-variable estimates show a significant 2.4 percentage points (about 13%) increase in the probability of dying before age 67. We do not find any adverse effect of early retirement on mortality for females. Death causes indicate a significantly higher incidence ofcardiovascular disorders among eligible workers, suggesting that changes in health-related behavior explain increased mortality among male early retirees.
Subjects:early retirement
mortality
premature death
health behavior
endogeneity
instrumental variable
JEL:I1
J14
J26
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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