کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5067047 1372565 2012 20 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Ageing, cognitive abilities and retirement
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Ageing, cognitive abilities and retirement
چکیده انگلیسی

We investigate the relationship between ageing, cognitive abilities and retirement using the Survey on Health, Ageing and Retirement in Europe (SHARE), a household panel that offers the possibility of comparing several European countries using nationally representative samples of the population aged 50+. The human capital framework suggests that retirement may cause an increase in cognitive decline, since after retirement individuals lose the market incentive to invest in cognitive repair activities. Our empirical results, based on an instrumental variable strategy to deal with the potential endogeneity of retirement, confirm this key prediction. They also indicate that education plays a fundamental role in explaining heterogeneity in the level of cognitive abilities.

► We investigate the relationship between ageing, cognitive abilities and retirement. ► We find that retirement causes an increase in cognitive decline. ► Education helps explain heterogeneity in both the level and the age-related decline of cognitive abilities.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 56, Issue 4, May 2012, Pages 691-710
نویسندگان
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