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The public economic burden of shifting trends in population health remains uncertain. Sustained increases in obesity … - but these savings may be offset by worsening functional status, which increases health care spending, reduces labor supply … of shifting trends in population health for medical care costs, labor supply, earnings, wealth, tax revenues, and …
Persistent link: https://www.econbiz.de/10003884098
health spending (insurance 29% and technology 24%) while income less than 10%. By simultaneously occurring over this period …We use a calibrated stochastic life-cycle model of endogenous health spending, asset accumulation and retirement to … investigate the causes behind the increase in health spending and life expectancy over the period 1965-2005. We estimate that …
Persistent link: https://www.econbiz.de/10003925549
primarily the symptom of real declines in the health of near-elderly Americans, relative to their European peers. In particular …, we use a microsimulation approach to project what US longevity would look like, if US health trends approximated those in … Europe. We find that differences in health can explain most of the growing gap in remaining life expectancy. In addition, we …
Persistent link: https://www.econbiz.de/10003893888
We investigate how Japanese men aged 60-74 adjust their workforce attachment after beginning to receive a public pension. Men who were employees at age 54 gradually move to part-time work or retire after beginning to receive pension benefits; those who continue working are more likely to be...
Persistent link: https://www.econbiz.de/10011449508
Flexible work arrangements and retirement options provide one solution for the challenges of unemployment and underemployment, aging populations, and unsustainable public pension systems in welfare states around the world. We examine the relationships between well-being and job satisfaction on...
Persistent link: https://www.econbiz.de/10010251177
We study biological aging of elderly U.S. Americans born 1904-1966. We use thirteen waves of the Health and Retirement … Study and construct a health deficit index as the number of health deficits present in a person measured relative to the … number of potential deficits. We find that, on average, Americans develop 5 percent more health deficits per year, that men age …
Persistent link: https://www.econbiz.de/10012105067
Framework impact subjective well-being. The results show that income is an important determinant of subjective well-being. The … and those with access to health insurance have higher levels of subjective well-being. Time spent walking or exercising is … positively correlated with happiness, while working more than 50 hours per week or spending time on health-related activities is …
Persistent link: https://www.econbiz.de/10010464956
technological progress having lifted average income to high levels. Nonetheless, there is evidence that the benefits from growth … have not been sufficiently broad based. Self-reported happiness increases with income, an issue particularly resonant in a … country with among the highest levels of income inequality in the OECD and a pattern of inequality that appears to be moving …
Persistent link: https://www.econbiz.de/10010464983
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 …
Persistent link: https://www.econbiz.de/10010128218
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 …
Persistent link: https://www.econbiz.de/10010189439