Year: 2023
Type: article
Study designs: Systematic Review, Meta-Analysis
Abstract: This paper presents a meta-analysis on the effects of retirement on health. We selected academic papers published between 2000 and 2021 and studying the impact of retirement on physical and mental health, self-assessed general health, healthcare utilization and mortality. Our search resulted in a dataset consisting of 308 observations from 85 articles. Using meta-regression analysis and after checking for the presence of publication bias, we found that the average effect of retirement on health outcomes is very small and barely significant, under the assumption of a common true effect. We applied model averaging techniques to explore possible sources of heterogeneity of the true effect. Our findings suggest that effect heterogeneity across results is explained by the differences in both health measurements and retirement schemes. In particular, mandatory or involuntary retirement is associated with a negative impact of retirement on health, although it is small in magnitude.
DOI: 10.1111/joes.12527
Authors: Filomena Mattia, Matteo Picchio
Institution: Marche Polytechnic University
Language: English
Subfield: Demography
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4288438758