This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …

future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health …

, employability and health-related well-being. Our results indicate that being unemployed has a strong negative effect on life … satisfaction and health. They also, however, highlight the fact that this effect is most prominent among individuals over the age … of 40. A second observation is that job insecurity is also associated with lower levels of life satisfaction and health …

future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health …

, employability and health-related well-being. Our results indicate that being unemployed has a strong negative effect on life … satisfaction and health. They also, however, highlight the fact that this effect is most prominent among individuals over the age … of 40. A second observation is that job insecurity is also associated with lower levels of life satisfaction and health …

This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …