Cookies on this website

We use cookies to ensure that we give you the best experience on our website. If you click 'Accept all cookies' we'll assume that you are happy to receive all cookies and you won't see this message again. If you click 'Reject all non-essential cookies' only necessary cookies providing core functionality such as security, network management, and accessibility will be enabled. Click 'Find out more' for information on how to change your cookie settings.

This paper investigates the mechanisms behind the health effects of retirement. Using a Regression Discontinuity Design to exploit financial incentives in the German pension system for identification, I find that retirement improves subjective health status and mental health, while also reducing outpatient care utilization. I explore a wide range of health behaviors, time use, and effect heterogeneity as potential mechanisms. Relief from work-related stress and strain, increased sleep duration as well as more frequent physical exercise seem to be key mechanisms through which retirement affects health.

Original publication




Journal article


J Health Econ

Publication Date





1 - 12


Health, Health behavior, Healthcare, Regression Discontinuity Design, Retirement, Aged, Female, Germany, Health Behavior, Health Services, Health Status, Humans, Male, Mental Health, Middle Aged, Models, Econometric, Pensions, Personal Satisfaction, Regression Analysis, Retirement, Socioeconomic Factors