Retirement and Health: Evidence from China

Che, Yi; & Li, Xin. (2018). Retirement and Health: Evidence from China. China Economic Review, 49, 84-95.

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Che, Yi; & Li, Xin. (2018). Retirement and Health: Evidence from China. China Economic Review, 49, 84-95.

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Abstract:

One typical feature of China's pension system is that retirement is mandatory. By exploiting the exogenous change created by this mandatory retirement policy, we use the mandatory retirement age as an instrument for retirement status to examine the effect of retirement on individual health using data from the China Health and Nutrition Survey (CHNS). Our main finding is that the probability of “fair” or “poor” self-reported health among white-collar workers decreases by 34 percentage point after retirement. This result is generally robust to different model specifications, alternative measures of health, and different subsamples. In addition, we deliver evidence that increased health-related exercises and the cultivation of a better lifestyle are two possible channels through which retirement affects health.

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http://dx.doi.org/10.1016/j.chieco.2018.01.005

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Reference Type:
JOUR

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Author(s):
Che, Yi
Li, Xin

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Year Published:
2018

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Journal Name:
China Economic Review

Volume Number:
49

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84-95

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Reference ID:
2649

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