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Fatal Attraction?
Andreas Kuhn
Stefan Staubli
Jean-Philippe Wuellrich
Josef Zweimüller
其他書名
Extended Unemployment Benefits, Labor Force Exits, and Mortality
出版
Centre For Economic Policy Research
, 2018
URL
http://books.google.com.hk/books?id=Mn2-vQEACAAJ&hl=&source=gbs_api
註釋
We estimate the causal effect of permanent and premature exits from the labor force on mortality. To overcome the problem of negative health selection into early retirement, we exploit a policy change in unemployment insurance rules in Austria that allowed workers in eligible regions to exit the labor force 3 years earlier compared to workers in non-eligible regions. Using administrative data with precise information on mortality and retirement, we find that the policy change induced eligible workers to exit the labor force significantly earlier. Instrumental variable estimation results show that for men retiring one year earlier causes a 6.8% increase in the risk of premature death and 0.2 years reduction in the age at death, but has no significant effect for women.