Retirement and health investment behaviors: An international comparison

Hiroyuki Motegi*, Yoshinori Nishimura, Masato Oikawa


研究成果: Article査読

7 被引用数 (Scopus)


This study aims to better understand the effects of retirement on health outcomes through a large-scale cross-country study of the changes in health investment behaviors after retirement among the populations of seven developed countries. Much of the literature on retirement health consists of single-country studies which generally find that health investment behaviors are effective predictors of health outcomes. However, using Global Aging Data normalized to facilitate cross-country comparison, and exploiting differences in the financial incentives in the pension systems across countries as our identification strategy, we find that, even with a careful accounting of the differences in baseline retirement ages, the elderly do not uniformly change their health investment behaviors in retirement. Therefore, in a cross-country framework, health investment behaviors are not necessarily good predictors of health in retirement.

ジャーナルJournal of the Economics of Ageing
出版ステータスPublished - 2020 10月

ASJC Scopus subject areas

  • 経済学、計量経済学
  • 寿命およびライフコースの研究


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