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 …

Previous research finds a systematic fall in consumption at retirement, even when these retirements are expected, which … find, however, that consumption falls for workers who retire when expected although the estimated impact is 50 percent …

This paper examines the effects of education on health and hospitalization over the life cycle. Using administrative … showing that these effects vary heterogeneously over the life-cycle - with the largest health improvements occurring among men …

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 …

health and retirement estimated on the Norwegian labour market data. The paper focuses on the two main elements of the reform … total social welfare, individuals in good health who retire early experience a negative change in their discounted utility … ; structural dynamic model ; health ; retirement …