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Unhealthy retirement? Evidence of occupation heterogeneity

Mazzonna, Fabrizio ; Peracchi, Franco

We investigate the causal effect of retirement on health and cognitive abilities by exploiting the variation between and within European countries in old age retirement rules. We show negative and significant effect of retirement on both health and cognitive abilities. We also show evidence of significant heterogeneity across occupational groups. In particular, the negative effect of...