The fraction of the population over age sixty-five in many developed countries is projected to rise, in some cases sharply, in coming decades. This has drawn growing interest to research on the health and economic circumstances of individuals as they age. Many individuals are retiring from paid...

A positive relationship between socio-economic status and health has been observed over many populations and many time periods. One of the factors mediating this relation is the institutional environment in which people function. The authors consider longitudinal data from two countries with...