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	Live Longer and Healthier: Impact of Pension Income for Low-Income Retirees

Lunedì

11.03

Red room (Executive Center)

12:00


	Han Ye Assistant Professor at the University of Mannheim

We estimate the effect of additional pension income on mortality outcomes by exploring the eligibility criteria of a German program subsidizing the pensions of low-wage workers. Using novel administrative data, we find that eligibility leads to a 2-month delay in age at death (censored at 75). Survey evidence suggests that additional pension income improves both mental and physical health. In addition, individuals feel less financially constrained and are more optimistic about their future. Heterogeneity analysis indicates that the results are mainly driven by men.

This paper is joint work with Chiara Malavasi