Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/141593
Authors: 
Bertoni, Marco
Brunello, Giorgio
Mazzarella, Gianluca
Year of Publication: 
2016
Series/Report no.: 
IZA Discussion Papers 9834
Abstract: 
By increasing the residual working horizon of employed individuals, pension reforms that raise minimum retirement age are likely to affect the returns to investments in health-promoting behaviours before retirement, with consequences for individual health. Using the exogenous variation in minimum retirement age induced by a sequence of Italian pension reforms during the 1990s and 2000s, we show that Italian males aged 40 to 49 reacted to the longer time to retirement by raising regular exercise and by reducing smoking and regular alcohol consumption. Dietary habits were also affected, with positive consequences on obesity and self-reported satisfaction with health.
Subjects: 
retirement
working horizon
healthy behaviours
pension reforms
JEL: 
H55
I12
J26
Document Type: 
Working Paper

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