The causal effect of retirement on mortality: Evidence from targeted incentives to retire early
利用荷兰公务员提前退休资格年龄临时降低的政策变化,发现提前退休使男性5年内死亡概率降低2.6个百分点,对评估退休政策有参考价值。
This paper estimates the impact of early retirement on mortality using Dutch administrative micro panel data. An unexpected temporary decrease in the eligibility age for retirement benefits for civil servants is used to instrument the retirement choice. We find that induced early retirement decreased the probability that a man dies within 5 years by 2.6 percentage points. The result is robust to alternative specifications and data selection criteria.