Healthier when retiring earlier? Evidence from France

C-Tier
Journal: Applied Economics
Year: 2019
Volume: 51
Issue: 47
Pages: 5122-5143

Authors (2)

Pierre-Jean Messe (not in RePEc) François-Charles Wolff (Université de Nantes)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

This paper contributes to the literature on the health-retirement relationship by looking at the effect of retiring before legal age on health in later life in France. To account for the endogeneity of the early retirement decision, our identification strategy relies on eligibility rules to a long-career early retirement scheme introduced in France in 2004 that substantially increased the proportion of older workers leaving their last job before the legal age of 60 years. We find a positive correlation between early retirement and health problems among male retirees. However, we fail to find any significant causal effect of early retirement on poor health once we account for the endogeneity of the decision to retire before the legal age. Controlling for working conditions does not influence the effect of retirement and occupying a demanding job is harmful to health after retirement regardless of the retirement date. Similar results are found for female retirees.

Technical Details

RePEc Handle
repec:taf:applec:v:51:y:2019:i:47:p:5122-5143
Journal Field
General
Author Count
2
Added to Database
2026-01-29