In this work we study older workers’ (50—64) labor force transitions after a health/disability shock. We find that the … evaluate the marginal effect of each type of disability either in the probability of keeping working or in returning back to …

An important policy issue in recent years concerns the number of people claiming disability benefits for reasons of … incapacity for work. We distinguish between ‘work disability’, which may have its roots in economic and social circumstances, and … ‘health disability’ which arises from clear diagnosed medical conditions. Although there is a link between work and health …

those workers, financial incentives are not a good proxy for the marginal utility from working. Finally, we analyze the …

employed and unemployed workers aged 50 or over. The model is calibrated to reproduce the main reemployment and retirement … patterns observed between 2002 and 2008 in Spain. It is subsequently used to analyze the effects of the 2011 pension reform in … Spain, characterized by 2-year delays in both the early and the normal retirement ages. We find that this reform generates …

In this paper we analyze the sensitivity of the labour market decisions of workers close to retirement with respect to … Spain). Second, by considering the influence of unobserved heterogeneity in the estimation of the effect of our (carefully … strong impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for …

In this paper, we analyze the sensitivity of the labor market decisions of workers close to retirement with respect to … attention to the transition from unemployment to retirement (which is particularly important in Spain and other European …

In this paper we analyze the sensitivity of the labour market decisions of workers close to retirement with respect to … Spain). Second,by considering the influence of unobserved heterogeneity in the estimation of the effectof our (carefully … impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for retirement …