Virtually all developed countries face projected budget shortfalls for their public pension programs. The shortfalls arise for two reasons. First, populations in developed countries are aging rapidly. Second, until recently older individuals in developed countries have been retiring earlier....

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...

Medicaid is a government program that also provides health insurance to the old who have little assets and either low income or catastrophic health care expenses. We ask how the Medicaid rules map into the reality of Medicaid recipiency and what other observable characteristics are important to...