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

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Abstract

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.
Original languageEnglish
Pages (from-to)1621-1648
Number of pages28
JournalHealth Economics
Volume33
Issue number8
Early online date1 Jul 2024
DOIs
Publication statusPublished - 1 Aug 2024

Bibliographical note

© 2024 The Authors.

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