This paper investigates the persistence in health limitations for individuals within the member states of the European Union. We use the full 8 waves of data available in the European Community Household Panel (ECHP) to explore the relative contributions of state dependence, unobserved...

We follow individuals as they retire using discrete-time hazard models applied to a stock sample from 12 waves of the British Household Panel Survey. Results confirm that health shocks are a determinant of retirement age and are quantitatively more important than pension entitlement. This is the...

Individual heterogeneity plays a key role in explaining variation in self-reported well-being and, in particular, health satisfaction. It is hypothesised that the inuence of this heterogeneity varies over levels of health and increases over the life-cycle. These hypotheses are tested with data...