Bonsang, Eric; Adam, Stéphane; Perelman, Sergio - In: Journal of Health Economics 31 (2012) 3, pp. 490-501
This paper analyses the effect of retirement on cognitive functioning using a longitudinal survey among older Americans …, which allows controlling for individual heterogeneity and endogeneity of the retirement decision by using the eligibility … age for social security as an instrument. The results highlight a significant negative effect of retirement on cognitive …