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Assessment of Age-related Changes in Cognitive Functions Using EmoCogMeter, a Novel Tablet-computer Based Approach

Assessment of Age-related Changes in Cognitive Functions Using EmoCogMeter, a Novel Tablet-computer Based Approach

Published on: February 14, 2014

Does retirement affect cognitive functioning?

Eric Bonsang¹, Stéphane Adam, Sergio Perelman

¹Research Centre for Education and the Labour Market (ROA), Maastricht University, P.O. Box 616, NL-6200 MD Maastricht, The Netherlands. e.bonsang@maastrichtuniversity.nl

Journal of Health Economics

|April 28, 2012

Summary

Retirement negatively impacts cognitive function in older adults. Encouraging later-life work may improve brain health and social security sustainability.

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Area of Science:

Gerontology
Cognitive Neuroscience
Public Policy

Background:

Retirement is a major life transition for older adults.
Understanding its impact on cognitive health is crucial for public health and policy.
Previous studies often struggle to isolate the causal effect of retirement.

Purpose of the Study:

To analyze the causal effect of retirement on cognitive functioning.
To investigate the implications for social security systems and individual health.

Main Methods:

Utilized a longitudinal survey of older Americans.
Employed the Social Security eligibility age as an instrumental variable.
Controlled for individual heterogeneity and endogeneity of retirement decisions.

Main Results:

Identified a significant negative association between retirement and cognitive functioning.
Demonstrated that retirement leads to a decline in cognitive abilities.

Conclusions:

Retirement has detrimental effects on cognitive health.
Policies promoting later-life labor force participation may yield positive health benefits.
Increased work participation can enhance cognitive function and support social security.