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Does Retirement Age Impact Mortality?


Erik Hernaes, Simen Markussen, John Piggott and Ola Vestad

The relationship between retirement and mortality is studied with a unique administrative data set covering the full population of Norway.

A series of retirement policy changes in Norway reduced the retirement age for a group of workers but not for others. By employing a difference-in-differences framework based on monthly birth cohort and treatment group status we first establish that the early retirement program significantly reduced the retirement age - this remains true when we account for program substitution, for example into the disability pension.

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