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Virtual Essen Health Economics Seminar


On Monday, December 7 2020, 16:00 - 17:30, Philipp Jäger (RWI Essen) will present:

Can Pensions Save Lives? Evidence from the Introduction of Old-Age Assistance in the UK

I study the impact of old-age assistance on mortality using the introduction of public pensions in the UK in 1909 as a quasi-natural experiment. Exploiting the newly created pension eligibility age through a difference-in-difference event-time design, I show that elderly mortality declined after the pension was introduced. The estimated mortality decline is economically relevant, more pronounced in counties with a higher treatment intensity and is driven by fewer deaths from infectious as well as non-communicable diseases. An analysis of individual level census data points to a reduction in crowding and retirement from hazardous work spaces as likely channels.

Room: Due to the current situation regarding the COVID-19 pandemic, the talk will be held in a virtual seminar room. For more information click here.