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experience chronic or acute health conditions, or the loss of a spouse. Accordingly, this empirical pattern has been called the … "paradox of well-being." We examine the age profile of life satisfaction of the U.S. population age 65 and older in the Health …. Widowing and health shocks play important roles in this decline. We reconcile the cross-section and longitudinal measurements …
Persistent link: https://www.econbiz.de/10012482256
Demographic changes in the labor force will imply that firms must change their labor policies in the coming decades. My estimates suggest that the labor force will get older and more female. The aging will not be as pronounced for males as for females because the trend toward early retirement...
Persistent link: https://www.econbiz.de/10012476256
The American population is aging and changes in the population's age structure are leading to an aging of the nation's workforce. In addition, changes to age specific participation rates are exacerbating the aging of the national labor force. An important challenge for firms and organizations is...
Persistent link: https://www.econbiz.de/10012479157
areas that bear on the Medicare problem: the number of the elderly, their health status, use of medical care, labor force … expectancy at age 65; 2) a very large increase since 1976 in real per capita health care expenditures on the elderly relative to … expenditures on persons under age 65; 3) a cross-sectional increase with age in per capita health care expenditures that is …
Persistent link: https://www.econbiz.de/10012477828
One way to demonstrate how remarkable changes in the process of aging have been is to compare health over the life … were common even at young ages. Other factors contributing to lifelong poor health were widespread exposure to severely … experienced better health throughout their lives largely due to their lower exposure to environmental hazards before birth and …
Persistent link: https://www.econbiz.de/10012467452
Self-reported health status (SRHS) is an imperfect measure of non-fatal health, but allows examination of how health … status varies over the life course. Although women have lower mortality than men, they report worse health status up to age … bottom quartile already report worse health than do men in the top quartile at age 50. In the bottom quartile of income, SRHS …
Persistent link: https://www.econbiz.de/10012468877
I examine the relationship between unhappiness and age using data from six well-being data files on nearly ten million respondents across forty European countries and the United States. I use fifteen different individual characterizations of unhappiness including despair; anxiety; loneliness;...
Persistent link: https://www.econbiz.de/10012479166
those who are not already age-eligible for an old-age pension and who are deemed unable to work for health reasons. In this … paper, we use two sets of individual survey data to study the role of health and financial incentives in early retirement … decisions in Germany, in particular disability benefit uptake. We show that financial incentives to retire do affect sick …
Persistent link: https://www.econbiz.de/10012458775
benefits. Often, poor health is cited as the main reason why workers cannot work until the regular retirement age. In this … market if they wanted to and if they were not limited by poor health? To answer this question, we follow two different … empirical approaches with a similar logic: we estimate the link between health and labor force participation in a population …
Persistent link: https://www.econbiz.de/10012456702
The covariance of asset returns with economic states of the world is a fundamental input to asset pricing models. Using a semi-annual survey of forecasts by a panel of U.S. economists over more than 70 years, we infer forecaster beliefs about covariance between the S&P index and macro-economic...
Persistent link: https://www.econbiz.de/10013191044