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Does health reform lead to an Increase in early retirement? Evidence from Massachusetts

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Article

Heim, Bradley ; Lin, Leekai

ILR Review

2017

70

3

May

704-732

early retirement ; social security reform

USA

Social protection - Old age benefits

http://ilr.sagepub.com/content/69/3.toc

http://dx.doi.org/10.1177/0019793916653965

English

Bibliogr.

"This article estimates the impact of the 2006 Massachusetts health reform on the decision of individuals to retire early. Using data from the American Community Survey that spans 2004 through 2012, the authors estimate difference-in-differences models for retirement using individuals from other northeastern states as the control group. The estimates suggest that the reform led women to increase early retirement from full-time work by 1.1 percentage points (from a base of 4.8%) and to increase part-time work by 1.1 percentage points (from a base of 30%). Though no significant effects were found for men overall, the estimates imply that the reform led to an increase in retirement and part-time work among lower-income men."

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