Does the Definition of Retirement Matter in Estimating the Effects of Retirement on Cognitive Functioning
Does the Definition of Retirement Matter in Estimating the Effects of Retirement on Cognitive Functioning
复制标题
退休的定义对于估计退休对认知功能的影响重要吗
DOI:
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发表时间:
2013
期刊:
影响因子:
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通讯作者:
C. McKenzie
中科院分区:
文献类型:
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作者:
Shinya Kajitani;K. Sakata;C. McKenzie
The purpose of this paper is to examine the causal impact of retirement on the cognitive functioning of male elderly workers using data from three waves of the National Survey of Japanese Elderly (NSJE). We examine how the definition of retirement affects the findings of Kajitani et al. (2013) where they examined the effects of the longest tenure job (career job) on cognitive functioning. Here, we use the status of retirement rather than the duration of retirement. The two step estimator we use takes account of the potential endogeneity of the status of retirement, using the age at which individuals are eligible to start receiving pension benefits and whether their career job was self-employment as instruments. Our empirical evidence suggests that the requirements in a person's career job have statistically significant impacts on the cognitive functioning after retirement. Kajitani et al.'s (2013) findings are found to be robust irrespective of the definition of retirement.