Garcia-Gomez, Pilar; Galama, Titus J.; Van Doorslaer, Eddy - 2017
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 … problems make older workers more responsive to financial incentives encouraging retirement (reinforcement proposition). We test …