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 language | English |
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Pages (from-to) | 1621-1648 |
Number of pages | 28 |
Journal | Health Economics |
Volume | 33 |
Issue number | 8 |
Early online date | 1 Jul 2024 |
DOIs | |
Publication status | Published - 1 Aug 2024 |