DOES EARLY ACCESS TO PENSION WEALTH IMPROVE HEALTH?

We examine the health impacts of early access to public pension wealth by exploiting a unique policy in Singapore allowing individuals to withdraw a proportion of their pension savings after their 55th birthday. For the identification, we employ a regression discontinuity design by comparing individ...

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Publicado en:Economic Inquiry Vol. 58; no. 4; pp. 1783 - 1795
Autores principales: Kim, Seonghoon, Koh, Kanghyock
Formato: Artículo
Publicado: Wiley-Blackwell Oct2020
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: DOES EARLY ACCESS TO PENSION WEALTH IMPROVE HEALTH?
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        au:
          Kim, Seonghoon
          Koh, Kanghyock
        affil:
          School of Economics, Singapore Management University,, Singapore
          IZA, Bonn, Germany
          Department of Economics, Korea University, Seoul, South Korea
      su:
        Wealth
        Health impact assessment
        Public pension trusts
        Discontinuity (Philosophy)
        Panel analysis
      sug:
        subj:
          Wealth
          Health impact assessment
          Public pension trusts
          Discontinuity (Philosophy)
          Panel analysis
      ab: We examine the health impacts of early access to public pension wealth by exploiting a unique policy in Singapore allowing individuals to withdraw a proportion of their pension savings after their 55th birthday. For the identification, we employ a regression discontinuity design by comparing individuals before and after their 55th birthday. To address anticipated and lagged health impacts, we adopt the donut regression discontinuity approach. Using nationally representative monthly panel data, we find that early access to pension wealth improves self‐reported overall health.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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