Retirement Study to compare the measurement quality of a number of scales between face-to-face, telephone and Web modes. Panel … and decrease non-response error it may have detrimental effects on measurement quality. This can happen because different … modes have distinct measurement biases which, when combined with selection effects, can increase the total survey error of a …

Labor supply estimates are sensitive to the measures of health used. When self reported measures are used health seems … incorporating both self-reported and objective measures of health. I use the model to show the potential biases involved in using … either measure of health or in using one to instrument the other- When outside information on the validity of self …

We study the interaction between consumption and health in retirement. Our main contribution is the estimation of a … retirement with three important building blocks of health: health shocks, health as an investment and health as a provider of … utility. We estimate the Euler equation using data from the Health and Retirement Study (HRS) and Consumption and Activities …

caused by worsening health in old age. Our model explains the long-run decline in the age of retirement as an income level … effect. We show that improvements in health and longevity tend to increase the desired retirement age, though less than …We develop a life-cycle model of optimal retirement and savings behavior under complete markets where retirement is …

Post retirement, annuities provide a steady stream of income for retirees. However, the annuitization rate is … relatively small in the insurance market in many countries around the world. Prior studies have shown that a substandard health … status in retirement reduces annuitization due to adverse selection. Recent innovation introduces an enhanced annuity plan …

caused by worsening health in old age. Our model explains the long-run decline in the age of retirement as an income level … effect. We show that improvements in health and longevity tend to increase the desired retirement age, though less than …We develop a life-cycle model of optimal retirement and savings behavior under complete markets where retirement is …

Understanding how health influences retirement is fundamental for the design of targeted policies that encourage … working longer. While there is wide agreement on the relevance of age-related health decline for determining retirement …