Publication Type
Journal Article
Version
submittedVersion
Publication Date
10-2020
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.
Keywords
health, early access to pension wealth, regression discontinuity design
Discipline
Asian Studies | Behavioral Economics | Finance | Health Economics
Research Areas
Applied Microeconomics
Publication
Economic Inquiry
Volume
58
Issue
4
First Page
1783
Last Page
1794
ISSN
0095-2583
Identifier
10.1111/ecin.12903
Publisher
Wiley: 12 months
Citation
KIM, Seonghoon and KOH, Kanghyock.
Does early access to pension wealth improve health?. (2020). Economic Inquiry. 58, (4), 1783-1794.
Available at: https://ink.library.smu.edu.sg/soe_research/2437
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1111/ecin.12903
Included in
Asian Studies Commons, Behavioral Economics Commons, Finance Commons, Health Economics Commons