Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/73606 
Year of Publication: 
2011
Series/Report no.: 
Working Paper No. 1109
Publisher: 
Johannes Kepler University of Linz, Department of Economics, Linz
Abstract: 
I investigate the effect of income on mortality of the pensioners, com- paring three subsequent policy periods in Austria. The pensioners who retired in the second period received 25% lower pension than those in the first period. This reduction in income was removed in the third policy period. These two reforms allow a causal identification of the effect of in- come on health. I estimate that lower pension did not change the mortality rate. The results are confirmed using both experiments and different meth- ods of estimation. Furthermore, with regard to the expenditure on health services, I get that only prescribed drug consumption increased, with the remaining analyzed factors being unaffected.
Subjects: 
Income
Mortality
Health
Expenditure
JEL: 
I12
J14
H55
Document Type: 
Working Paper

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