Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/90737
Authors: 
Hernaes, Erik
Markussen, Simen
Piggott, John
Vestad, Ola
Year of Publication: 
2012
Series/Report no.: 
Memorandum, Department of Economics, University of Oslo 19/2012
Abstract: 
This paper studies the relationship between retirement and mortality, using a unique administrative data set covering the full population of Norway. We make use of a series of retirement policy changes in Norway, which reduced the retirement age for a group of workers but not for others. By employing a difference-in-differences framework based on monthly birth cohort and treatment group status we first establish that the early retirement program significantly reduced the retirement age - this remains true when we account for program substitution, for example into the disability pension. Using instrumental variables estimation we find that retirement age has no effect on mortality.
Subjects: 
Retirement age
Mortality
Instrumental variables
Policy evaluation
JEL: 
H55
I10
J11
J26
Document Type: 
Working Paper

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