In this paper, I propose a life cycle model of occupational choice with endogenous health behavior, aging, and longevity. Health-demanding work leads to a faster accumulation of health deficits and is remunerated with a hazard markup on wages. Health deficit accumulation is also influenced by...

Due to medical and technological progress, life expectancy has increased significantly over the past decade. A large share of this increase occurs for people over the age of 50. However, the rate of illness in the population is simultaneously increasing because the average number of people...