This paper develops a simple analytical framework in which optimal health and retirement policies amid population aging … timing of retirement, the size of lifecycle labour income and pension payments and investments in health that individuals … the traditionally separate areas of health and retirement policy can be coordinated to achieve dynamic efficiency. Under …

This paper examines the role of the health gradient the positive correlation between household income and health in …-specific health gradients and find their slope increases with age, but declines among retired workers. We then estimate a variety of … parametric and semi-parametric duration models and find that workers’ position relative to the agegroup-specific health gradient …