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Grossman's Health Threshold and Retirement
Galama, Titus J.; Kapteyn, Arie; Fonseca, Raquel; … - 2009
The authors formulate a stylized structural model of health, wealth accumulation and retirement decisions building on … consumption, health, health investment, savings and retirement. They argue that the Grossman literature has been unnecessarily … mortality have continued to improve in the developed world, retirement ages have continued to fall with retirees pointing to …
Persistent link: https://www.econbiz.de/10014210978
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Self Reported Disability and Reference Groups
van soest, arthur; Smith, James P.; Andreyeva, Tatiana; … - National Bureau of Economic Research (NBER) - 2011
Social networks and social interactions affect individual and social norms. We develop a direct test of this using Dutch survey data on how respondents evaluate work disability of hypothetical people with some work related health problem (vignettes). We analyze how the thresholds respondents use...
Persistent link: https://www.econbiz.de/10009147535
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The Size and Composition of Wealth Holdings in the United States, Italy, and the Netherlands
Panis, Constantijn; Kapteyn, Arie - National Bureau of Economic Research (NBER) - 2003
This paper analyzes retirement saving and portfolio choice in the United States, Italy, and the Netherlands. While … retirement income provisions. Building on extensions of the life cycle model, we derive hypotheses on the implications of … worth and gross wealth should be highest in Italy, that Dutch households should hold the lowest wealth levels at retirement …
Persistent link: https://www.econbiz.de/10005719950
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Targeting Cash Transfer Programs for an Older Population
Aguila, Emma; Kapteyn, Arie; Tassot, Caroline - 2012
Targeting based on individuals or households needs instead of applying universal programs helps distribute scarce resources to those who need it most, avoiding “leakage” of the poverty budget to non-poor households. In this paper, the authors explore the use of different household and...
Persistent link: https://www.econbiz.de/10014040615
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Grossman’s missing health threshold
Galama, Titus; Kapteyn, Arie - In: Journal of Health Economics 30 (2011) 5, pp. 1044-1056
We present a generalized solution to Grossman’s model of health capital (1972), relaxing the widely used assumption that individuals can adjust their health stock instantaneously to an “optimal” level without adjustment costs. The Grossman model then predicts the existence of a health...
Persistent link: https://www.econbiz.de/10011051314
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International Comparisons of Work Disability
Banks, James; Kapteyn, Arie; Smith, James P.; van … - 2004
Self-reported work disability is analyzed in the US, the UK and the Netherlands. Different wordings of the questions lead to different work disability rates. But even if identical questions are asked, cross-country differences remain substantial. Respondent evaluations of work limitations of...
Persistent link: https://www.econbiz.de/10010261873
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Dynamics of work disability and pain
Kapteyn, Arie; Smith, James P. - 2006
biennial waves from the Health and Retirement Study. We find the dynamics of the presence of pain is central to understanding …
Persistent link: https://www.econbiz.de/10010267469
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Validating the use of vignettes for subjective threshold scales
Delaney, Liam; Harmon, Colm P.; Kapteyn, Arie; van … - 2008
Comparing self-assessed indicators of subjective outcomes such as health, work disability, political efficacy, job satisfaction, etc. across countries or socio-economic groups is often hampered by the fact that different groups use systematically different response scales. Anchoring vignettes...
Persistent link: https://www.econbiz.de/10010292820
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Self-reported Work Disability in the US and The Netherlands
Smith, James P.; van soest, arthur; Kapteyn, Arie - RAND - 2004
Self-reported work disability is analyzed in the US and The Netherlands. The raw data show that Dutch respondents much more often report that they have a work limiting health problem than respondents in the US. The difference remains when controlling for demographic characteristics and observed...
Persistent link: https://www.econbiz.de/10005526920
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Validating the use of vignettes for subjective threshold scales
Delaney, Liam; Harmon, Colm; Soest, Arthur Van; … - School of Economics, University College Dublin - 2007
Comparing self-assessed indicators of subjective outcomes such as health, work disability, political efficacy, job satisfaction, etc. across countries or socio-economic groups is often hampered by the fact that different groups use systematically different response scales. Anchoring vignettes...
Persistent link: https://www.econbiz.de/10011269231