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 …

closely linked to DI reforms than to changes in health and that reducing access to DI would raise labor supply … methods to estimate the health capacity to work, asking how much older individuals today could work if they worked as much as … those with the same mortality rate in the past or as younger individuals in similar health. Both methods suggest there is …

We consider assets when individuals were last observed prior to death in the Health and Retirement Study (HRS) and … individual's asset change between the first and last date of observation, that individual's education and health status when … first observed, and that individual's within-sample changes in health and family composition. We obtain estimates for HRS …

We consider how age-health profiles differ by demographic characteristics such as education, race, and ethnicity. A key … feature of the analysis is the joint estimation of health and mortality to correct for the effect of mortality selection on … observed age-health profiles. The model also allows for heterogeneity in individual health at a point in time and the …

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 …

health, which is quite persistent over the life-time. Persons in poor health in old age have a higher … supplement their income, and are in poor health. In general, low assets and low income in old age are strongly related to poor … health. We explore this nexus and describe the relationship between Social Security benefits and the exhaustion of non …

Health and longevity have increased substantially over the last 50 years, yet the labor force participation of older … men has declined in most developed countries. We use mortality as a measure of health to assess the capacity to work at …

, with this key question: Given health status, to what extent are the differences in LFP across countries determined by the … relationship between mortality and labor force participation, thinking of mortality as one indicator of health that is comparable … across countries and over time in the same country. We then consider how mortality is related to other indicators of health …

status transitions, "latent" health status, and the evolution of assets. Our analysis is based primarily on longitudinal data … from the HRS and AHEAD cohorts of the Health and Retirement Study. We find that the evolution of assets is strongly related … the time of the transition. In addition, the level and evolution of assets is very strongly related to health, measured by …