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THE EFFECT OF OVERWEIGHT AND OBESITY ON EARLY RETIREMENT IN EUROPE

Author:
  • Malin Bengtsson
Publishing year: 2014
Language: English
Document type: Student publication for Master's degree (one year)

Summary

The aim of this paper is to examine the impact of overweight and obesity on early retirement. Data is gathered from the Survey of Health, Ageing and Retirement in Europe (SHARE) database and on this data a linear probability model is applied, using both a Pooled Ordinary Least Squares (POLS) and a Fixed Effect (FE) strategy. In addition, separate regressions are run for current and lagged Body Mass Index (BMI). The results indicate that being obese has a positive effect on the probability of early retirement for men, and lagged BMI has a greater effect than current. For females, no significant relationship between overweight or obesity on early retirement could be found. When it comes to health indicators connected to overweight/obesity, no significant relationship was found between these and early retirement among males, while the female sample shows ambiguous effect regarding self-rated health and early retirement. Including health indicators have mixed effects on the magnitude of the weight coefficients. Judging from our results, being obese per se affects early retirement among males, and this effect do not seem to run through different health indicators.

Keywords

  • Business and Economics
  • SHARE
  • early retirement
  • obesity
  • fixed effects
  • POLS

Other

  • Margareta Dackehag