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Both health and income inequalities have been shown to be much greater in Britain than in Germany. One of the main … lower income groups. Inequality analysis reveals that while the distribution of health shocks is more concentrated among …, both health shocks and early retirement are more concentrated among those with low incomes. We use comparable longitudinal …
Persistent link: https://www.econbiz.de/10011600832
biologically-founded life-cycle model of health deficit accumulation and endogenous longevity. We calibrate the model with U …
Persistent link: https://www.econbiz.de/10011641362
We present a theory of the relation between health and retirement that generates testable predictions regarding the … interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals … (compared to poorer individuals) are more likely to retire for health reasons(affordability proposition), and (ii) that health …
Persistent link: https://www.econbiz.de/10011662542
introduction of pension benefits on the health status, health behaviors, and healthcare utilization of rural Chinese adults age 60 … and above. The results point to three main conclusions. First, in addition to improvements in self-reported health, older … adults with access to the pension program experienced significant improvements in several important measures of health …
Persistent link: https://www.econbiz.de/10011984707
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 …
Persistent link: https://www.econbiz.de/10011999332
health and longevity have not been uniform across the population. To this end, we develop a dynamic, structural life cycle … model of heterogeneous agents who face health, mortality and income risk. We consider the following policy reform measures …
Persistent link: https://www.econbiz.de/10012013516
Estimates of the effect of health on employment differ significantly from study to study due to differences in method …, data, institutional background and health measure. We assess the importance of these differences using a unified framework … to interpret and contrast estimates of the impact of health on employment based on various measures of health and …
Persistent link: https://www.econbiz.de/10012028705
We quantify the impact of old-age retirement on health using longitudinal Finnish register data for the period 2000 …–2012, which allows for a strict isolation of the effects of transition from work to retirement for both mental and physical health …
Persistent link: https://www.econbiz.de/10012037620
Health status is an important element in the decision to continue working or retire among older workers. Given the … workforce. However, an individual's decision is likely to be influenced by both their health status and their accumulated wealth …. This study analyses the influence of health and wealth on the decision to participate in the labour force amongst older New …
Persistent link: https://www.econbiz.de/10012115617
paper uses a new source of longitudinal data on the health, labour force participation and retirement decisions of older New … influenced by their health status (both mental and physical), in addition to a wide range of economic, social and demographic … heterogeneity. We find a range of factors to be associated with the decision to retire, notably health status, marital status and …
Persistent link: https://www.econbiz.de/10012115633