Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/331725 
Year of Publication: 
2025
Series/Report no.: 
IZA Discussion Papers No. 18161
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper provides novel evidence of the impact of temperature fluctuations on retirement behavior and underlying mechanisms, combining 30 years of rich longitudinal survey data with granular daily weather information. Exposure to cold and hot temperatures accelerates transitions into retirement, particularly among individuals unaccustomed to such conditions, and the effects are strongest among vulnerable populations facing greater health challenges and limited access to healthcare. Extreme temperatures deteriorate health through a higher incidence of cardiovascular diseases and strokes, reducing individuals' ability to work, while better access to healthcare mitigates the adverse effects of extreme temperatures on retirement behavior.
Subjects: 
temperature
health
retirement
healthcare
JEL: 
I14
I18
J26
Q54
Document Type: 
Working Paper

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