The effect of retirement eligibility on mental health in the United Kingdom: heterogeneous effects by occupation

Publication type

Journal Article

Author

Publication date

August 1, 2024

Summary:

I investigate heterogeneity across occupational characteristics in the effect of retirement eligibility on mental health in the United Kingdom. I use K-means clustering to define three occupational clusters, differing across multiple dimensions. I estimate the effect of retirement eligibility using a Regression Discontinuity Design, allowing the effect to differ by cluster. The effects of retirement eligibility are beneficial, and greater in two clusters: one comprised of white-collar jobs in an office setting and another of blue-collar jobs with high physical demands and hazards. The cluster with smaller benefits mixes blue- and white-collar uncompetitive jobs with high levels of customer interaction. The results have implications for the distributional effect of raising the retirement age.

Published in

Health Economics

Volume and page numbers

Volume: 33 , p.1621 -1648

DOI

https://doi.org/10.1002/hec.4835

ISSN

10579230

Subjects

Notes

Open Access

© 2024 The Authors. Health Economics published by John Wiley & Sons Ltd.

This is an open access article under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs License, which permits use and distribution in any medium, provided the original work is properly cited, the use is non-commercial and no modifications or adaptations are made.

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