Short-term mortality and healthcare utilization consequences of pension income receipt: Evidence from South Korea
Publication Type
Journal Article
Publication Date
10-2025
Abstract
We examine short-term consequences of pension income receipt on mortality and healthcare utilization within the monthly payment cycle. Using the national death registry data of South Korea, we document that the mortality rate decreases by 1.2–1.4 percent in the week of the disbursement date. The mortality-reducing effects are larger for causes of death that could have been avoided through timely and effective healthcare interventions. Using healthcare claims data, we document that the number of hospital admissions increases during the disbursement week. We provide suggestive evidence of greater mortality-reducing effects from a smaller but more frequent disbursement than from a monthly disbursement.
Keywords
Public pension, mortality, older adults, healthcare utilization, South Korea
Discipline
Asian Studies | Health Economics
Research Areas
Applied Microeconomics
Publication
Journal of Public Economics
Volume
250
First Page
1
Last Page
27
ISSN
0047-2727
Identifier
10.1016/j.jpubeco.2025.105490
Publisher
Elsevier
Citation
JEON, Mimi; KIM; and KOH, Kanghyock.
Short-term mortality and healthcare utilization consequences of pension income receipt: Evidence from South Korea. (2025). Journal of Public Economics. 250, 1-27.
Available at: https://ink.library.smu.edu.sg/soe_research/2854
Additional URL
https://doi.org/10.1016/j.jpubeco.2025.105490