Abstract

This paper estimates whether the implementation of the 2006 Massachusetts health reform law affected the decision of individuals to retire early. Using data from the American Community Survey that spans 2002-2012, we estimate difference-in-differences models for retirement, in which individuals from Massachusetts form our treatment group and individuals from other Northeastern states form our treatment group. The estimates suggest that, in the full sample, the reform led to an approximately 0.6 percentage point increase in retirement from full-time work (from a base of 2.6%) though not from part-time work. However, the reform may have led to an increase in retirement from any job (part- or full-time) among lower income individuals.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.