Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299952 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 17024
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We estimate the effect of additional pension income on mortality outcomes by exploring the eli- gibility criteria of a German program subsidizing the pensions of low-wage workers. Using novel administrative data, we find that eligibility leads to a 2-month delay in age at death (censored at 75). Survey evidence suggests that additional pension income improves both mental and physical health. In addition, individuals feel less financially constrained and are more optimistic about their future. Heterogeneity analysis indicates that the results are mainly driven by men.
Subjects: 
mortality
health
income
pension subsidy
retirement
JEL: 
I10
I12
J14
J26
Document Type: 
Working Paper

Files in This Item:
File
Size
938.28 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.