This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the … labour force of healthy workers through disability insurance schemes. Two types of individuals, disabled and leisure …

This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history … onset of a disability by around 138%. However, health shocks are relatively rare events and therefore the larger part of … observed disability rates result from gradual deteriorations in health. We find no direct effect of health shocks on employment …