Households will have to increase their retirement-related assets to face the consequences of pension reforms and/or increasing longevity. Thus, improving retirement planning seems then to be necessary. However, the literature reports a general lack of awareness and understanding of the pension...

In Germany, employees are generally obliged to participate in the public health insurance system, where coverage is universal, co-payments and deductibles are moderate, and premia are based on income. However, they may buy private insurance instead if their income exceeds the compulsory...

Increasing individual working lives to counter population ageing and public pension deficits is of utmost interest to policy makers today. Because over 70 percent of older individuals live in a couple, it is relevant to investigate spouses' retirement strategies. Earlier literature in this area...

Both the impacts of financial incentives and health on transitions into retirement and inactivity by older workers have been studied extensively in a variety of contexts but far less is known about their interaction. Guided by the option value framework, we use Spanish data from the European...

We examine to what extent pathways to statutory retirement other than employment are associated with adverse health conditions as measured by increased cause-specific mortality risk during retirement. To do so, we estimate a dependent competing risks model using Dutch administrative data. We...

Comparing assessments of health, job satisfaction, etc. on a subjective scale across countries or socio-economic groups is often hampered by differences in response scales across groups. Anchoring vignettes help to correct for such differences, either in parametric models (CHOPIT and extensions)...

Wealthier individuals engage in healthier behavior. This paper seeks to explain this phenomenon by developing a theory of health behavior, and exploiting both lottery winnings and inheritances to test the theory. We distinguish between the direct monetary cost and the indirect health cost (value...

This paper adds to the empirical literature on health as an important determinant of employment at older ages by exploring the role in the health-employment nexus of the wage rates of 50 to 64-year-old workers. To do so, we use individual-level panel data from the Survey of Health, Ageing and...

While there is no doubt that health is strongly correlated with education, whether schooling exerts a causal impact on health is not yet firmly established. We exploit Dutch compulsory schooling laws in a Regression Discontinuity Desigh applied to linked data from health surveys, tax files and...

This study examines the causal effect of being socially active on old age cognition, using harmonized data from 18 European countries. We handle the endogeneity of social participation via nonparametric partial identification methods that bound the average treatment effect while using fairly...