nep-hap New Economics Papers
on Economics of Happiness
Issue of 2019‒12‒16
two papers chosen by

  1. The Mental Health Effects of Retirement By Picchio, Matteo; van Ours, Jan C.
  2. Wellbeing and Housing Report Supplement By Philip Garboden; Inessa Love; Thuy Doan

  1. By: Picchio, Matteo (Università Politecnica delle Marche, Ancona); van Ours, Jan C. (Erasmus University Rotterdam)
    Abstract: We study the retirement effects on mental health using a fuzzy regression discontinuity design based on the eligibility age to the state pension in the Netherlands. We find that the mental effects are heterogeneous by gender and marital status. Retirement of partnered men positively affects mental health of both themselves and their partners. Single men retiring experience a drop in mental health. Female retirement has hardly any effect on their own mental health or the mental health of their partners. Part of the effects seem to be driven by loneliness after retirement.
    Keywords: retirement, health, well-being, happiness, regression discontinuity design
    JEL: H55 J14 J26
    Date: 2019–11
  2. By: Philip Garboden (University of Hawai‘i at Manoa, UHERO); Inessa Love (University of Hawai‘i at Manoa, Department of Economics, UHERO); Thuy Doan (University of Hawai‘i at Manoa,)
    Abstract: The goal of this report is to summarize how neighborhood housing price appreciation can impact quality of life beyond individual level impacts (see Love and Garboden 2019). We first discuss how housing market indicators, particularly appreciation, can be measured and summarize different patterns across Hawaii. In answer to our our main question, we find few statistically significant associations between these measures and well-being. Data limitations, however, restrict our ability to assert a null effect. We conclude with next steps for research.
    Keywords: Housing
    Date: 2019–09

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