The Evidence on Early Retirement After the Affordable Care Act's Medicaid Expansion

27 Pages Posted: 13 Mar 2018  

Erkmen Giray Aslim

Lehigh University - Department of Economics

Date Written: March 13, 2018

Abstract

This paper investigates the effect of the Affordable Care Act's (ACA) Medicaid expansion on the retirement decision of low-income adults aged 55 to 64 years. The study focuses particularly on adults without dependent children ("childless adults"), a group that gained access to Medicaid coverage after the ACA. Using an instrumental variables (IV) model that exploits both the expansion decision of states and timing, I find that the probability of retirement increases by 14.8 percentage points for childless adults with Medicaid. The probability of retirement increases by 13.4 and 16.1 percentage points for men and women, respectively.

Keywords: Medicaid, Retirement, Affordable Care Act, Job Lock

JEL Classification: I18, J18, J26

Suggested Citation

Aslim, Erkmen Giray, The Evidence on Early Retirement After the Affordable Care Act's Medicaid Expansion (March 13, 2018). Available at SSRN: https://ssrn.com/abstract=3139829 or http://dx.doi.org/10.2139/ssrn.3139829

Erkmen Giray Aslim (Contact Author)

Lehigh University - Department of Economics ( email )

620 Taylor Street
Bethlehem, PA 18015
United States

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