Study Results from Clemson University in the Area of Healthcare Economics Reported (Does retirement improve health and life satisfaction?)

Economics Week

By a News Reporter-Staff News Editor at Economics Week -- Data detailed on Economics - Healthcare Economics have been presented. According to news reporting out of Clemson, South Carolina, by VerticalNews editors, research stated, "We utilize panel data from the Health and Retirement Study to investigate the impact of retirement on physical and mental health, life satisfaction, and health care utilization. Because poor health can induce retirement, we instrument for retirement using eligibility for Social Security and employer-sponsored pensions and coverage by the Social Security earnings test."

Our news journalists obtained a quote from the research from Clemson University, "We find strong evidence that retirement improves reported health, mental health, and life satisfaction. In addition, we find evidence of improvements in functional limitations in the long run. Although the impact on life satisfaction occurs within the first 4 years of retirement, many of the improvements in health show up four or more years later, consistent with the view that health is a stock that evolves slowly. We find no evidence that the health improvements are driven by increased health care utilization."

According to the news editors, the research concluded: "In fact, results suggest decreased utilization in some categories."

For more information on this research see: Does retirement improve health and life satisfaction? Health Economics, 2018;27(12):2067-2086. Health Economics can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - www.wiley.com/; Health Economics - onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1050)

Our news journalists report that additional information may be obtained by contacting D. Gorry, Clemson University, Clemson, SC 29634, United States. Additional authors for this research include A. Gorry and S.N. Slavov.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/hec.3821. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.