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
Perelman, Sergio
中科院分区:
经济学2区
文献类型:
--
作者:
Bonsang, Eric;Adam, Stephane;Perelman, Sergio

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本文通过对美国老年人的纵向调查,分析了退休对认知功能的影响,以领取社会保障的年龄为工具,控制退休决策的个体异质性和内生性。研究结果突显了退休对认知功能的显著负面影响。我们的研究结果表明,旨在促进老年劳动力参与的改革不仅可能确保社会保障制度的可持续性,还可能为老年人创造积极的健康外部性。(C)2012爱思唯尔B.V.保留所有权利。
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.