TY  - RPRT
        AU  - Kuhn, Andreas
AU  - Staubli, Stefan
AU  - Wuellrich, Jean-Philippe
AU  - Zweimüller, Josef
        TI  - Fatal Attraction? Extended Unemployment Benefits, Labor Force Exits, and Mortality
        PY  - 2018/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11851
        UR  - https://www.iza.org/publications/dp11851
        AB  - We estimate the causal effect of permanent and premature exits from the labor force on mortality. To overcome the problem of negative health selection into early retirement, we exploit a policy change in unemployment insurance rules in Austria that allowed workers in eligible regions to exit the labor force 3 years earlier compared to workers in non-eligible regions. Using administrative data with precise information on mortality and retirement, we find that the policy change induced eligible workers to exit the labor force significantly earlier. Instrumental variable estimation results show that for men retiring one year earlier causes a 6.8% increase in the risk of premature death and 0.2 years reduction in the age at death, but has no significant effect for women.
        KW  - early retirement
KW  - mortality
KW  - health behavior
KW  - instrumental variable
        ER  -