The effect of retirement eligibility on mental health in the United Kingdom: Heterogeneous effects by occupation.
Health Econ
; 33(8): 1621-1648, 2024 Aug.
Article
in En
| MEDLINE
| ID: mdl-38703393
ABSTRACT
I investigate heterogeneity across occupational characteristics in the effect of retirement eligibility on mental health in the United Kingdom. I use K-means clustering to define three occupational clusters, differing across multiple dimensions. I estimate the effect of retirement eligibility using a Regression Discontinuity Design, allowing the effect to differ by cluster. The effects of retirement eligibility are beneficial, and greater in two clusters one comprised of white-collar jobs in an office setting and another of blue-collar jobs with high physical demands and hazards. The cluster with smaller benefits mixes blue- and white-collar uncompetitive jobs with high levels of customer interaction. The results have implications for the distributional effect of raising the retirement age.
Key words
Full text:
1
Collection:
01-internacional
Database:
MEDLINE
Main subject:
Retirement
/
Mental Health
/
Occupations
Limits:
Aged
/
Female
/
Humans
/
Male
/
Middle aged
Country/Region as subject:
Europa
Language:
En
Journal:
Health Econ
Journal subject:
SERVICOS DE SAUDE
Year:
2024
Type:
Article
Affiliation country:
United States