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the Health and Retirement Study to examine how mental health is linked to transitions to early retirement or other …This paper extends earlier health and work studies by examining how mental health affects transitions out of paid work … in the years prior to the traditional Social Security retirement ages. Given recent changes in the labor market, optimal …
Persistent link: https://www.econbiz.de/10014220460
search behavior of households. The research finds that, even though a direct transition from a career job to full retirement … 7% of them looked for a post-career employment opportunity. Low health or bad business conditions were the not the main … reason for leaving the career job. Yet, for the minority of those who did leave career jobs owing to low health or bad …
Persistent link: https://www.econbiz.de/10011980313
return to work. In this paper, we use data from the 2004-2010 waves of the Health and Retirement Study to examine how the … experienced by all workers in this recession, could mean that laid-off disabled workers in their pre-retirement years may never … great recession has affected workers with chronic health conditions that put them at greater risk of disability. Our results …
Persistent link: https://www.econbiz.de/10013088002
. Using data from the Health and Retirement Study and the Medical Expenditure Panel Survey, we estimate a dynamic programming … model of retirement that accounts for both saving and uncertain medical expenses. Importantly, we model the two key channels … by which health insurance rates are predicted to change: the Medicaid expansion and the subsidized private exchanges …
Persistent link: https://www.econbiz.de/10012963889
We study the effects of the size of older cohorts on labor force participation (LFP) and wages of older workers. In the standard relative supply framework usually applied to relative cohort size, we would expect larger older cohorts to experience lower wages and hence lower employment or LFP....
Persistent link: https://www.econbiz.de/10012892389
, determinants of whether individuals near retirement remain in the labor force. We use previously-collected data on job … heterogeneity in preferences for job characteristics as a function of age and plans for retirement. We test whether preferences … whether preferences differ for retirement-aged individuals ages 62 and older who are working or not working …
Persistent link: https://www.econbiz.de/10012871845
older than age 50 in the Health and Retirement Study (HRS), and characteristics of different occupations provided by the …, responsibility, difficulty, stress, peer pressure, and relations with co-workers are related to full or partial retirement. We study … employment transitions and retirement expectations of older workers by exploiting the wealth of information about individuals …
Persistent link: https://www.econbiz.de/10013003008
Understanding how health decline influences retirement decisions is fundamental for the design of targeted policies … labor supply and retirement decisions, the process of how health deterioration affects labor supply remains a black box … that encourage working longer. While there is wide agreement on the relevance of age-related health decline for determining …
Persistent link: https://www.econbiz.de/10012859164
' resources and the demands of their jobs, restricting future work. We use longitudinal data from the Health and Retirement Study … demands and workers' resources in two physical and two cognitive domains affect retirement outcomes. We estimate how changes …) subjective reports of work-limiting health problems; 2) mental health; and 3) subjective probabilities of working past age 65. We …
Persistent link: https://www.econbiz.de/10012927958
the model and match the life-cycle profiles of wages, hours and retirement from SIPP data. We analyze the impact of health … supply, and retirement. Unlike all previous work, our model allows both an endogenous wage process (which is typically … assumed exogenous in the human capital and earnings dynamics literature). In addition, we introduce health shocks. We estimate …
Persistent link: https://www.econbiz.de/10012929436