title: Does retirement age impact mortality?
abstract: The relationship between retirement and mortality is studied with a unique administrative data set covering the full population of Norway. A series of retirement policy changes in Norway reduced the retirement age for a group of workers but not for others. Difference-in-differences estimation based on monthly birth cohorts and treatment group status show that the early retirement programme significantly reduced the retirement age; this holds true also when we account for programme substitution, for example into the disability pension. Instrumental variables estimation results show no effect on mortality of retirement age; neither do estimation results from a hazard rate model.
authors.affiliation: Ragnar Frisch Centre for Economic Research, Oslo, Norway. erik.hernas@frisch.uio.no
authors.forename: Erik
authors.initials: E
authors.lastname: Hernaes
authors.forename: Simen
authors.initials: S
authors.lastname: Markussen
authors.forename: John
authors.initials: J
authors.lastname: Piggott
authors.forename: Ola L
authors.initials: OL
authors.lastname: Vestad
mesh_terms: D000367:Age Factors; D000368:Aged; D015331:Cohort Studies; D036262:Empirical Research; D005260:Female; D006801:Humans; D008297:Male; D009026:Mortality / Q000639:trends*; D009664:Norway / Q000453:epidemiology; D016016:Proportional Hazards Models; D012179:Retirement / Q000706:statistics & numerical data*