An Era of Delayed Retirement:Does the Impact of Retirement on Health Vary by Occupation and Position?
In the formulation of retirement age policies,the health of the elderly is an essential factor that cannot be overlooked.Due to the segmentation of China's labor market over the past decades and the insufficient mobility between various occupations,the impact of retirement on health varies significantly across different occupations and positions.This paper aims to investigate whether the impact of retirement on health differs by occupation,thereby providing valuable empirical evidence for the era of delayed retirement.Using data from the 2011,2013,2014,2015,and 2018 waves of CHARLS,this study employs a two-stage fuzzy regression discontinuity design to examine the differentiated impact of retirement on health by occupation,using reaching or exceeding the statutory retirement age as an instrumental variable for an individual's retirement status.The findings indicate that the impact of retirement on health is predominantly negative,mainly affecting subjective health indicators.Among different employee groups,those working in government and public institutions,especially in managerial positions,experience the most significant negative impact of retirement.Employees in the informal sector also show some negative effects,though to a lesser extent.For corporate employees,retirement does not result in negative impacts.The potential mechanism might be that retirement changes the probability of engaging in social activities to varying degrees for different groups.In summary,delayed retirement policies should consider an occupation-specific and position-specific approach.
Delayed RetirementDifferential Effects by OccupationSubjective HealthSocial Activities
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NSTL
万方数据
