regression discontinuity (RD) design approach, combined with a nationally representative
sample of 228,855 adults aged between 40 and 75, we find that retirement increases the
probability of migration by 12.9 pp. Approximately 38% of the total migration effects can be
attributed to inter-temporal substitution (delayed migration). Retirement-induced migrants
are lower-educated and have restricted access to social security. Household-level migration …