Peters, Ena (2024) The Impact of Retirement on the Health of Older Adults & How Retirement Affects Social Inequality in Health. Master thesis.
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Abstract
Due to population ageing, more people in Europe are transitioning from work to retirement while retirement ages are increasing to sustain pension systems. Based on the theoretical background of the accumulation model and the sensitive period model of the life course approach to health, this thesis investigates how retirement impacts the health of older adults and how retirement affects socioeconomic inequalities in health. To analyse the causal effect of retirement on older adults’ self-perceived health, this thesis estimated multiple fixed-effects regression models using panel data from eight waves of the Survey of Health, Ageing and Retirement in Europe (SHARE). Results showed a significant positive within-person change in self-perceived health for individuals transitioning to retirement in anticipation of retirement, in the year of the event, and up to 2 years after. Moreover, the analysis suggested a health-preserving effect of retirement in the long term. Analysis revealed that the immediate impact of retirement on self-perceived health is comparable across individuals with a different socioeconomic status. Consequently, socioeconomic inequalities in health were not found to be affected by the event of retirement in a meaningful way. However, in the long term, the results suggested a decrease in the socioeconomic gap in health between individuals with a high and individuals with a low socioeconomic status.
| Item Type: | Thesis (Master) |
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| Degree programme: | Population Studies |
| Supervisor: | Meijering, L.B. |
| Date Deposited: | 19 Aug 2024 07:50 |
| Last Modified: | 19 Aug 2024 07:50 |
| URI: | https://frw.studenttheses.ub.rug.nl/id/eprint/4706 |
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