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This paper provides an empirical analysis of the effect of employer-provided health insurance and Medicare in determining retirement behavior. Using data from the Health and Retirement Study, we estimate the first dynamic programming model of retirement that accounts for both saving and...
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The degree to which retirement decisions are driven by health is a key concern for both academics and policymakers. In this paper we survey the economic literature on the health-retirement link in developed countries. We describe the mechanisms through which health affects labor supply and...
Persistent link: https://www.econbiz.de/10012962794
Abstract for Appendix: This appendix presents additional results to accompany the underlying article, Black, Espin-Sanchez, French, and Litvak (2016), The Long-Term Effect of Health Insurance on Near-Elderly Health and Mortality.The underlying article is available on SSRN at...
Persistent link: https://www.econbiz.de/10012995474
The degree to which retirement decisions are driven by health is a key concern for both academics and policy makers. In this review, we survey the economic literature on the health–retirement link in developed countries. We describe the mechanisms through which health affects labor supply and...
Persistent link: https://www.econbiz.de/10012949997
We use the best available longitudinal dataset, the Health and Retirement Survey, and a battery of causal inference methods to provide both central estimates and bounds on the effect of health insurance on health and mortality among the near elderly (initial age 50-61) over an 18-year period....
Persistent link: https://www.econbiz.de/10014167949
\tThis paper presents and estimates a dynamic programming model model of retirement behavior that accounts explicitly for the effects of health cost volatility and and health insurance on retirement behavior. The model includes a savings decision so that we are able to analyze whether...
Persistent link: https://www.econbiz.de/10005345629