Does retirement affect cognitive functioning?
Does retirement affect cognitive functioning?
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DOI:
10.1016/j.jhealeco.2012.03.005
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发表时间:
2012-05-01
影响因子:
3.5
通讯作者:
Perelman, Sergio
中科院分区:
文献类型:
--
作者:
Bonsang, Eric;Adam, Stephane;Perelman, Sergio
This paper analyses the effect of retirement on cognitive functioning using a longitudinal survey among older Americans, which allows controlling for individual heterogeneity and endogeneity of the retirement decision by using the eligibility age for social security as an instrument. The results highlight a significant negative effect of retirement on cognitive functioning. Our findings suggest that reforms aimed at promoting labour force participation at an older age may not only ensure the sustainability of social security systems but may also create positive health externalities for older individuals. (C) 2012 Elsevier B.V. All rights reserved.