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in this paper we specify and estimate a structural limited dependent variable model with which we study both the health … endogeneously determined health status affects the probability of retirement and how changes in social security benefits and …
Persistent link: https://www.econbiz.de/10012477629
To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question … such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback … fact that they don't work, non-working respondents may classify a given health problem as a more serious work limitation …
Persistent link: https://www.econbiz.de/10012463404
In the two decades since the project began, the dramatic decline in men's labor force participation has ended and been replaced by sharply rising participation rates. Older women's participation has been rising as well. In this eighth phase of the project, we explore this phenomenon of working...
Persistent link: https://www.econbiz.de/10012453133
This paper examines the consequences of social security reform for the inequality of consumption across individuals. The idea is that inequality is at least in part the result of individual risk in earnings or asset returns, the effects of which accumulate over time to increase inequality within...
Persistent link: https://www.econbiz.de/10012471205
In the first part of the paper we report estimated transfers in the Social Security system for the Retirement History Survey sample.We define transfers to be the difference between the expected presentvalue of benefits less the present value of taxes paid in, where the latter is adjusted for the...
Persistent link: https://www.econbiz.de/10012477946
This paper uses Social Security Administration longitudinal earnings micro data since 1937 to analyze the evolution of inequality and mobility in the United States. Earnings inequality follows a U-shape pattern, decreasing sharply up to 1953 and increasing steadily afterwards. We find that...
Persistent link: https://www.econbiz.de/10012465307
Health and Retirement Study and covers individuals aged 69 to 79 in 2010 …
Persistent link: https://www.econbiz.de/10012456253
W2 earnings. The empirical analysis is based on data from the Health and Retirement Study. These means tests would …
Persistent link: https://www.econbiz.de/10012458119
Persistent link: https://www.econbiz.de/10013481067
What is inequality in health? Are economists' standard tools for measuring income inequality relevant or useful for … measuring it? Does income protect health and does income inequality endanger it? I discuss two different concepts of health …'s health is related to his or her status within a reference group as measured by income relative to the group mean. Income …
Persistent link: https://www.econbiz.de/10012471653