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This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of … applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a …. Estimates also indicate that retirement has quite diverse effects for different individuals. …
Persistent link: https://www.econbiz.de/10010269305
The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … age of retirement. Individual panel data for the last 25 years are used in estimations of the impact from individual …
Persistent link: https://www.econbiz.de/10010282550
This paper presents results on the effect of formal life-long learning on the decision to retire early. Specifically, I estimate an Option Value model based on individual employer-employee longitudinal data including comprehensive government co-sponsored training records dating back more than 30...
Persistent link: https://www.econbiz.de/10010286868
The magnitude of the effect that health has on the retirement decision has long been studied. We examine the reverse … relationship, whether or not retirement has a direct impact on later-life health. In order to identify the causal relationship, we … unrelated to the baseline health of the individual, and are significant predictors of retirement. We find that there is no …
Persistent link: https://www.econbiz.de/10010269069
is expected to have a (reverse) causal effect on health. A solution to the ?Health and Retirement Nexus? requires an …This paper aims to explore the interrelation between health and work decisions of elderly workers, taking the various … ways in which health and work can influence each other explicitly into account. For this, two issues are of relevance. Self …
Persistent link: https://www.econbiz.de/10010274361
We use panel data from the US Health and Retirement Study 1992-2002 to estimate the effect of self-assessed health … limitations on active labor market participation of men around retirement age. Self-assessments of health and functioning … typically introduce an endogeneity bias when studying the effects of health on labor market participation. This results from …
Persistent link: https://www.econbiz.de/10010277013
information on demographics, socio-economic conditions, life events, health, and cognitive functioning. We exploit exogenous … consecutive shocks later in life exceeds the sum of the separate effects, and whether economic and health shocks later in life …
Persistent link: https://www.econbiz.de/10010277333
retirement spells has been steadily increasing. We estimate the response of retirement timing to variations in unemployment rate …, inflation and housing prices. Flows into both full and partial retirement increase significantly when the unemployment rate … rises. Workers around normal retirement age are especially sensitive to variations in the unemployment rate. Workers who are …
Persistent link: https://www.econbiz.de/10010329012
first five waves of the Health and Retirement Study. We also provide model simulations for two widely discussed reform …
Persistent link: https://www.econbiz.de/10010262042
employed. Observed covariates including wages and retirement benefits help to explain these patterns, but unobserved …
Persistent link: https://www.econbiz.de/10010262253