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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 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
left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However …, there is a sufficiently short distance to retirement for which flat unemployment benefits can be the optimal contract as the … optimal contract that integrates unemployment insurance and retirement pension systems. …
Persistent link: https://www.econbiz.de/10010269168
. It is likely that the individual level of wealth will become an increasingly important factor in the retirement decision … the pension system and the health situation. For a sample of elderly male workers in the Netherlands in the period 1995 …
Persistent link: https://www.econbiz.de/10010271873
As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …
Persistent link: https://www.econbiz.de/10010282314
We show that the choice of the welfare measure has a substantial impact on the degree of welfare-related health … inequality. Combining various income and wealth measures with different health measures, we calculate 80 health concentration … indices. The influence of the welfare measure is more pronounced when using subjective health measures than when using …
Persistent link: https://www.econbiz.de/10010269505
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