Reference : Does (Re-)Entering the Labor Market at Advanced Ages Protect Against Cognitive Declin...
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Business & economic sciences : Special economic topics (health, labor, transportation…)
http://hdl.handle.net/10993/51169
Does (Re-)Entering the Labor Market at Advanced Ages Protect Against Cognitive Decline? A Panel-Matching Difference-in-differences Approach
English
Kim, Jung Hyun mailto [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >]
Muniz-Terrera, Graciela mailto [University of Edinburgh > Centre for Clinical Brain Sciences and Dementia Prevention > > ; Ohio university]
Leist, Anja mailto [University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) >]
9-Apr-2022
32
No
[en] older-age labor market ; cognitive function ; difference-in-differences
[en] While prolonged labor market participation becomes increasingly important in ageing societies,
evidence of the impacts of entering or exiting work beyond age 65 on cognitive functioning is
scarce. We estimate these effects using panel-matching difference-in-differences with populationrepresentative panel datasets from South Korea and the United States. We compare countries and
across socioeconomic characteristics. We find general positive effects of entering the labor market in
South Korea, while only individuals with high assets in the US benefit from entering the labor market.
Exiting the labor market does not result in changes in cognitive functioning in Korea but is followed
by a cognitive decline in individuals with low assets in the US. Findings suggest that the benefits
and disincentives from late-life labor status transitions on cognitive functioning vary between South
Korea and the US and across socioeconomic groups.
European Research Council (grant agreement no. 803239, 2019–2023, to Anja K. Leist)
Researchers ; Professionals ; Students ; General public
http://hdl.handle.net/10993/51169
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4079394

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