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Labor supply estimates are sensitive to the measures of health used. When self reported measures are used health seems … incorporating both self-reported and objective measures of health. I use the model to show the potential biases involved in using … either measure of health or in using one to instrument the other- When outside information on the validity of self …
Persistent link: https://www.econbiz.de/10013240968
caused by worsening health in old age. Our model explains the long-run decline in the age of retirement as an income level … effect. We show that improvements in health and longevity tend to increase the desired retirement age, though less than …We develop a life-cycle model of optimal retirement and savings behavior under complete markets where retirement is …
Persistent link: https://www.econbiz.de/10013230221
Various health-, quality-, and disability-adjusted life year or life expectancy (HALY, QALY, DALY; HALE, QALE, DALE …) measures have become gold standards for defining outcomes in technology evaluation, population health monitoring, and other … QALEs used for population health monitoring are typically concerned with population expectations of such measures (or their …
Persistent link: https://www.econbiz.de/10013249683
measurement error in these 'objective, self-reported' measures of health. Our analysis makes use of a unique data set that matches … preferable, measures of unobserved health status than self-assessed measures of global well being. The former are 1) responses to … a variety of self-reports of health with respondents' medical records. Our findings are striking. For example, the ratio …
Persistent link: https://www.econbiz.de/10013294873
Over the last thirty years pathways to retirement have changed substantially in the UK. They have been dominated by …. At the end of the period the direct route from work to retirement was increasingly more common. General economic … conditions seem to have been important driving forces during the entire period. In contrast changes in health do not seem to …
Persistent link: https://www.econbiz.de/10013125168
following retirement depends in part on health capital and financial capital accumulated prior to retirement, which in turn are … health and financial capital accumulated prior to retirement from the effects of education that impinge directly on asset … Security benefits and defined benefit pension benefits--and through health capital that was accumulated before retirement. We …
Persistent link: https://www.econbiz.de/10013088676
ways that reflect an expectation of longer work lives. But do older Americans have the health capacity to work longer? This … mortality rate in the past or as much as their younger counterparts in similar health. Using both methods, we estimate that … there is significant additional capacity to work at older ages. We also explore whether there are differences in health …
Persistent link: https://www.econbiz.de/10012999975
Retirement Around the World. The project compares the experiences of a dozen developed countries and uses differences in their … retirement program provisions to explore the effect of SS on retirement and related questions. The first three phases of this … project document that: 1) incentives for retirement from SS are strongly correlated with labor force participation rates …
Persistent link: https://www.econbiz.de/10012999984
composition for people in their pre and post-retirement years …
Persistent link: https://www.econbiz.de/10013151145
While numerous studies have examined how health affects retirement behavior, few have analyzed the impact of retirement … on subsequent health outcomes. This study estimates the effects of retirement on health status as measured by indicators … waves of the Health and Retirement Study, spanning 1992 through 2005. To account for biases due to unobserved selection and …
Persistent link: https://www.econbiz.de/10012761681