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Retirement and memory in Europe

  • LAURA BIANCHINI (a1) and MARGHERITA BORELLA (a1) (a2)
Abstract

We investigate the effect of retirement on memory using the Survey on Health, Ageing and Retirement in Europe (SHARE). The availability of a panel data-set allows individual heterogeneity to be controlled for when estimating the effect of transitions into retirement on a commonly employed memory measure, word recall. We control for endogeneity of the retirement decision applying an instrumental variable technique to our fixed-effects transformation. Our main finding is that, conditional on the average non-linear memory age path of the typical individual, time spent in retirement has a positive effect on word recall.

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Corresponding author
Address for correspondence: Margherita Borella, Department ESOMAS, University of Torino, Corso Unione Sovietica 218 bis, 10134, Torino, Italy E-mail: margherita.borella@unito.it
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Ageing & Society
  • ISSN: 0144-686X
  • EISSN: 1469-1779
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