{"title":"Late-Career Unemployment and Cognitive Abilities","department":[{"_id":"281"},{"_id":"475"}],"publication_status":"published","date_updated":"2023-08-18T09:21:26Z","doi":"https://doi.org/10.1016/j.jhealeco.2022.102689","language":[{"iso":"eng"}],"article_type":"original","abstract":[{"lang":"eng","text":"We study the effect of unemployment on cognitive abilities among individuals aged between 50 and 65 in Europe. To this end, we exploit plant closures and use flexible event-study estimations together with an experimentally elicited measure of fluid intelligence, namely word recall. We find that, within a time period of around eight years after the event of unemployment, cognitive abilities only deteriorate marginally — the effects are insignificant both in statistical and economic terms. We do, however, find significant effects of late-career unemployment on the likelihood to leave the labor force, and short-term effects on mental health problems such as depression and sleep problems."}],"user_id":"53779","author":[{"last_name":"Freise","id":"45323","first_name":"Diana","full_name":"Freise, Diana"},{"full_name":"Schmitz, Hendrik","first_name":"Hendrik","id":"48879","last_name":"Schmitz"},{"id":"64661","last_name":"Westphal","full_name":"Westphal, Matthias","first_name":"Matthias"}],"quality_controlled":"1","publication":"Journal of Health Economics","volume":86,"status":"public","date_created":"2022-09-21T13:19:58Z","_id":"33458","intvolume":" 86","main_file_link":[{"url":"https://www.sciencedirect.com/science/article/pii/S0167629622001047"}],"type":"journal_article","citation":{"short":"D. Freise, H. Schmitz, M. Westphal, Journal of Health Economics 86 (2022).","ieee":"D. Freise, H. Schmitz, and M. Westphal, “Late-Career Unemployment and Cognitive Abilities,” Journal of Health Economics, vol. 86, 2022, doi: https://doi.org/10.1016/j.jhealeco.2022.102689.","apa":"Freise, D., Schmitz, H., & Westphal, M. (2022). Late-Career Unemployment and Cognitive Abilities. Journal of Health Economics, 86. https://doi.org/10.1016/j.jhealeco.2022.102689","ama":"Freise D, Schmitz H, Westphal M. Late-Career Unemployment and Cognitive Abilities. Journal of Health Economics. 2022;86. doi:https://doi.org/10.1016/j.jhealeco.2022.102689","chicago":"Freise, Diana, Hendrik Schmitz, and Matthias Westphal. “Late-Career Unemployment and Cognitive Abilities.” Journal of Health Economics 86 (2022). https://doi.org/10.1016/j.jhealeco.2022.102689.","bibtex":"@article{Freise_Schmitz_Westphal_2022, title={Late-Career Unemployment and Cognitive Abilities}, volume={86}, DOI={https://doi.org/10.1016/j.jhealeco.2022.102689}, journal={Journal of Health Economics}, author={Freise, Diana and Schmitz, Hendrik and Westphal, Matthias}, year={2022} }","mla":"Freise, Diana, et al. “Late-Career Unemployment and Cognitive Abilities.” Journal of Health Economics, vol. 86, 2022, doi:https://doi.org/10.1016/j.jhealeco.2022.102689."},"year":"2022"}