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Title: The Mental Health Effects of Retirement

Author(s): Matteo Picchio and Jan C. van Ours

Publication Date: November 2019

Keyword(s): Happiness, health, regression dicontinuity, retirement and Well-being

Programme Area(s): Labour Economics

Abstract: We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility age to the state pension in the Netherlands. We find that the mental effects are heterogeneous by gender and marital status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental health of their partners. Part of the effects seem to be driven by loneliness after retirement.

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Bibliographic Reference

Picchio, M and van Ours, J. 2019. 'The Mental Health Effects of Retirement'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=14135