DOES EARLY ACCESS TO PENSION WEALTH IMPROVE HEALTH?

Seonghoon Kim, Kanghyock Koh

Research output: Contribution to journalArticlepeer-review

1 Citation (Scopus)

Abstract

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. (JEL I10, H55, D15).

Original languageEnglish
Pages (from-to)1783-1794
Number of pages12
JournalEconomic Inquiry
Volume58
Issue number4
DOIs
Publication statusPublished - 2020 Oct 1

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Economics and Econometrics

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