Laun, Tobias; Wallenius, Johanna - Economics Institute for Research (SIR), … - 2013
cycle model of labor supply and health with heterogeneous agents. The key features of the framework are: (1) people choose … benefits is imperfectly correlated with health, and (3) people can partially insure against health shocks by investing in … health, the cost of which is dependent on health insurance coverage. We find that the incentives faced by older workers …