health, cognitive ability and mortality. The results are all over the place but on average it seems like at retirement mental … see the forest for the trees and advocate evidence-based retirement policies that take health effects into account … the life of their partners. This paper presents an overview of recent studies on the effects of retirement on mental …

Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … employees and an extended Expectation-Maximization algorithm. Simulations suggest that health shocks induce average losses in …

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 …

Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks … employees and an extended expectation-maximization algorithm. Simulations suggest that health shocks induce average losses in …

senior age, e.g. having one more child significantly reduces post-retirement aged rural parents' probability of working by 12 ….8 percentage points. Such impact is especially strong among the more vulnerable elder parents with worse health and little pension … sizes and compelling old parents in bad health to continue working. …

This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of … applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a …. Estimates also indicate that retirement has quite diverse effects for different individuals. …

Norway in 1992-2003. Special attention is given to early retirement pensiion and disability pension as two major exit routes … from the labour force. Health status is represented by a latent variable reflecting the eligibility for participating in … model is used to investigate the degree of potential substitution of the early retirement and retirement through the …

health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform … drawing rules designed to eliminate the incentives distortions with respect to the time of retirement. The effects of these … the proposed pension reform succeeds in urging the older workers to postpone their retirement and induces an increase in …

We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … in the case of the broad definition of retirement. Initial health stock shows a significant impact on both definitions of …

In this paper we develop a life cycle model of labor supply and retirement to study the interactions between health and …. Individuals care about their health and can partially insure against health shocks by investing in health. We use the model to … incentives for the continued employment of older workers. In particular, the model predicts an increase in the average retirement …