The effect of pensions on longevity

Evidence from Union Army veterans

Research output: Contribution to journalArticleScientificpeer-review

Abstract

This study uses changes in pension laws for Union Army veterans as a natural experiment to estimate the causal effect of pensions on longevity, and to examine potential pathways underlying such a relationship. I examine the effects of the pension laws of 1907 and 1912, which granted old-age pensions to Union Army veterans. Veteran pensions reduced age-adjusted mortality by 11.5% for law of 1907 pensions and by 29.6% for law of 1912 pensions. Pensions reduced mortality for both acute and non-acute causes of death but reductions in mortality were strongest for mortality from infectious diseases.
Original languageEnglish
Pages (from-to)595-619
JournalEconomic Journal
Volume121
Issue number552
Publication statusPublished - 2011

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Veterans
Pensions
Mortality
Cause of death
Old age
Causal effect
Natural experiment
Pathway
Infectious diseases

Cite this

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title = "The effect of pensions on longevity: Evidence from Union Army veterans",
abstract = "This study uses changes in pension laws for Union Army veterans as a natural experiment to estimate the causal effect of pensions on longevity, and to examine potential pathways underlying such a relationship. I examine the effects of the pension laws of 1907 and 1912, which granted old-age pensions to Union Army veterans. Veteran pensions reduced age-adjusted mortality by 11.5{\%} for law of 1907 pensions and by 29.6{\%} for law of 1912 pensions. Pensions reduced mortality for both acute and non-acute causes of death but reductions in mortality were strongest for mortality from infectious diseases.",
author = "M. Salm",
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language = "English",
volume = "121",
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journal = "The Economic Journal",
issn = "0013-0133",
publisher = "Wiley-Blackwell",
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The effect of pensions on longevity : Evidence from Union Army veterans. / Salm, M.

In: Economic Journal, Vol. 121, No. 552, 2011, p. 595-619.

Research output: Contribution to journalArticleScientificpeer-review

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AB - This study uses changes in pension laws for Union Army veterans as a natural experiment to estimate the causal effect of pensions on longevity, and to examine potential pathways underlying such a relationship. I examine the effects of the pension laws of 1907 and 1912, which granted old-age pensions to Union Army veterans. Veteran pensions reduced age-adjusted mortality by 11.5% for law of 1907 pensions and by 29.6% for law of 1912 pensions. Pensions reduced mortality for both acute and non-acute causes of death but reductions in mortality were strongest for mortality from infectious diseases.

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