The effect of retirement eligibility on mental health in the United Kingdom: Heterogeneous effects by occupation
研究英国退休资格对心理健康的异质性影响,发现办公室白领和高体力蓝领受益更大,而客户互动多的混合职业受益较小,对提高退休年龄的政策有启示。
I investigate heterogeneity across occupational characteristics in the effect of retirement eligibility on mental health in the United Kingdom. I use K-means clustering to define three occupational clusters, differing across multiple dimensions. I estimate the effect of retirement eligibility using a Regression Discontinuity Design, allowing the effect to differ by cluster. The effects of retirement eligibility are beneficial, and greater in two clusters: one comprised of white-collar jobs in an office setting and another of blue-collar jobs with high physical demands and hazards. The cluster with smaller benefits mixes blue- and white-collar uncompetitive jobs with high levels of customer interaction. The results have implications for the distributional effect of raising the retirement age.