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Private wealth holdings are likely to become an increasingly important determinant in the job exit decision of elderly … workers. Net wealth may correlate with worker's characteristics that also determine the exit out of a job. It is therefore … (marginal) effect of wealth on the job exit rate. But even with a rich set of regressors the question remains whether there are …
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the Netherlands in the period 1995 through 2001, we analyse the impact of wealth, savings, and debt position on job exit …Theoretical models predict a positive impact of the level of individual wealth on the job exit probability. Empirically … this prediction is most likely to be relevant for elderly workers who have accumulated wealth throughout their working life …
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inequality. In high income countries, the evidence that income (wealth) does have a causal impact on health in adulthood is weak …
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