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 …

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 …

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 …

biennial waves from the Health and Retirement Study. We find the dynamics of the presence of pain is central to understanding …

Economists have traditionally been very cautious when studying the interaction between employment and health because of … the two-way causal relationship between these two variables: health status influences the probability of being employed … and, at the same time, working affects the health status. Because these two variables are determined simultaneously …

To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question … such as "do you have an impairment or health problem limiting the kind or amount of work you can do?" A possible drawback … fact that they don't work, non-working respondents may classify a given health problem as a more serious work limitation …

To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question … such as do you have an impairment or health problem limiting the kind or amount of work you can do?ʺ A possible drawback of … they don’t work, non-working respondents may classify a given health problem as a more serious work limitation than working …

We examine the impact of health and economic conditions at birth on the adult outcomes of child immigrants using the …-rated health or labour market participation in adulthood, and there is no statistically significant relationship between GDP per … parents are not associated significantly with the health and economic conditions at birth. Also, several tests show that our …