Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/115045
Authors: 
Kuhn, Andreas
Wuellrich, Jean-Philipe
Zweimüller, Josef
Year of Publication: 
2010
Series/Report no.: 
NRN Working Paper, NRN: The Austrian Center for Labor Economics and the Analysis of the Welfare State 1008
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 of cardiovascular 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

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