Does retirement affect cognitive functioning?

被引：275
作者：
Bonsang, Eric [1 ]
Adam, Stephane [2 ]
Perelman, Sergio [3 ]
机构：
[1] Maastricht Univ, Res Ctr Educ & Labour Market ROA, NL-6200 MD Maastricht, Netherlands
[2] Univ Liege, Psychol Ageing Unit, B-4000 Liege, Belgium
[3] Univ Liege, CREPP, B-4000 Liege, Belgium
来源：
JOURNAL OF HEALTH ECONOMICS | 2012年 / 31卷 / 03期
关键词：
Ageing; Cognition; Retirement; Social security; Instrumental variable estimation; EPISODIC MEMORY; ALZHEIMERS-DISEASE; OLDER MEN; DEMENTIA; DECLINE; WORK; RESERVE; IMPAIRMENT; DIAGNOSIS; VARIABLES;
D O I：
10.1016/j.jhealeco.2012.03.005
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
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.
引用
收藏
页码：490 / 501
页数：12
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