TITLE:
An Empirical Study on the Health of Retirement to the Working Population—Based on China Health and Retirement Longitudinal Study
AUTHORS:
Wentian Li
KEYWORDS:
Retirement, Health, Fuzzy Regression Discontinuity, Sub-Sample, Delayed Retirement
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.7 No.4,
April
26,
2017
ABSTRACT: With the aging of Chinese intensified, the demographic dividend is gradually
less, the phenomenon of large pension gap, delay retirement to discuss fiercer.
Most of the articles on the study of retirement problems, from a healthy
perspective are often neglected on the basis of combing the theory of the
relationship between retirement with health and the literature on the impact of
retirement on health from the perspective of health empirical analysis on the
effect of retirement for the elderly health. In this paper, using the China
Health and Retirement Longitudinal Study (CHARLS), mandatory retirement ages as
instrumental variable, to study the effect of retirement for the elderly health
by fuzzy regression discontinuity design (FRD). The main conclusions of this
paper: First, Chinese compulsory retirement system has a significant negative
impact on male health; there is no impact on female health. Second, the impact
of retirement on men is mainly caused by the impact of male mental health;
retirement will increase the degree of depression in men and lead to mental
health decline. Thirdly, based on men’s health behavior, time use and medical
use, we found that retirement does not improve the utilization medical of male;
it also does not change men smoking habits and their physical exercise, but
retirement will change male drinking habits, and increase their leisure time.
Finally, this paper raises corresponding policy recommendations to improve
personal health and better implementation of delayed retirement policies.