Kuhn, Michael; Wrzaczek, Stefan; Prskawetz, Alexia; … - 2011
We examine within a life-cycle set-up the choice of health and retirement. Health care contributes to a reduction in … both mortality, determining the need to accumulate retirement wealth, and in morbidity, determining the disutility of work …. The retirement age affects health through the value of survival and the value of morbidity reductions. We compare the …