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Examining the Changes in Health Investment Behavior After Retirement: A Harmonized Analysis

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  • Motegi, Hiroyuki
  • Nishimura, Yoshinori
  • Oikawa, Masato

Abstract

This study examines the effects of retirement on health investment behaviors. We conduct a large-scale international comparison of the change in health investment behaviors after retirement among 9 developed countries, using harmonized datasets. We find that the changes in some of health investment behaviors (e.g., Exercise) are improved in most of the countries. With respect to exercise, the change in the opportunity cost to exercise after retirement is a possible reason to explain this improvement.

Suggested Citation

  • Motegi, Hiroyuki & Nishimura, Yoshinori & Oikawa, Masato, 2017. "Examining the Changes in Health Investment Behavior After Retirement: A Harmonized Analysis," MPRA Paper 77674, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:77674
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    References listed on IDEAS

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    5. Hiroyuki Motegi & Yoshinori Nishimura & Kazuyuki Terada, 2016. "Does Retirement Change Lifestyle Habits?," The Japanese Economic Review, Japanese Economic Association, vol. 67(2), pages 169-191, June.
    6. Eibich, Peter, 2015. "Understanding the Effect of Retirement on Health: Mechanisms and Heterogeneity," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 43, pages 1-12.
    7. Johnston, David W. & Lee, Wang-Sheng, 2009. "Retiring to the good life? The short-term effects of retirement on health," Economics Letters, Elsevier, vol. 103(1), pages 8-11, April.
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    Cited by:

    1. Motegi, Hiroyuki & Nishimura, Yoshinori & Oikawa, Masato, 2020. "Retirement and health investment behaviors: An international comparison," The Journal of the Economics of Ageing, Elsevier, vol. 16(C).

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    More about this item

    Keywords

    retirement; health investment behaviors; global aging data;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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