Ageing, cognitive abilities and retirement

B-Tier
Journal: European Economic Review
Year: 2012
Volume: 56
Issue: 4
Pages: 691-710

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We investigate the relationship between ageing, cognitive abilities and retirement using the Survey on Health, Ageing and Retirement in Europe (SHARE), a household panel that offers the possibility of comparing several European countries using nationally representative samples of the population aged 50+. The human capital framework suggests that retirement may cause an increase in cognitive decline, since after retirement individuals lose the market incentive to invest in cognitive repair activities. Our empirical results, based on an instrumental variable strategy to deal with the potential endogeneity of retirement, confirm this key prediction. They also indicate that education plays a fundamental role in explaining heterogeneity in the level of cognitive abilities.

Technical Details

RePEc Handle
repec:eee:eecrev:v:56:y:2012:i:4:p:691-710
Journal Field
General
Author Count
2
Added to Database
2026-01-25