IDEAS home Printed from https://ideas.repec.org/h/nbr/nberch/13744.html
   My bibliography  Save this book chapter

Health Capacity to Work at Older Ages: Evidence from Japan

In: Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages

Author

Listed:
  • Emiko Usui
  • Satoshi Shimizutani
  • Takashi Oshio

Abstract

This paper explores the extent to which older Japanese can potentially expand the labor supply, based on two analytic approaches: the Milligan-Wise and Cutler et al. methods. First, we examine how much older individuals could work if they worked as much as those with the same mortality rate in the past (the Milligan-Wise method). Second, we estimate how much older individuals could work if they worked as much as younger ones in similar health (the Cutler et al. method). Results from both of these methods underscore a large work capacity in old age in Japan. We further investigate differences in health capacity across education groups and find that highly educated individuals tend to have more capacity to work after they are 65 years of age.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Emiko Usui & Satoshi Shimizutani & Takashi Oshio, 2017. "Health Capacity to Work at Older Ages: Evidence from Japan," NBER Chapters, in: Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages, pages 219-241, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:13744
    as

    Download full text from publisher

    File URL: http://www.nber.org/chapters/c13744.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Shimizutani, Satoshi & 清水谷, 諭 & シミズタニ, サトシ & Oshio, Takashi & 小塩, 隆士 & オシオ, タカシ, 2009. "New Evidence on Initial Transition from Career Job to Retirement in Japan," PIE/CIS Discussion Paper 430, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    2. Shimizutani, Satoshi, 2011. "A new anatomy of the retirement process in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 141-152.
    3. Kevin S. Milligan & David A. Wise, 2012. "Health and Work at Older Ages: Using Mortality to Assess the Capacity to Work across Countries," NBER Working Papers 18229, National Bureau of Economic Research, Inc.
    4. James Poterba & Steven Venti & David A. Wise, 2013. "Health, Education, and the Postretirement Evolution of Household Assets," Journal of Human Capital, University of Chicago Press, vol. 7(4), pages 297-339.
    5. Takashi Oshio & Akiko Sato Oishi & Satoshi Shimizutani, 2011. "Social Security Reforms And Labour Force Participation Of The Elderly In Japan," The Japanese Economic Review, Japanese Economic Association, vol. 62(2), pages 248-271, June.
    6. Emiko Usui & Satoshi Shimizutani & Takashi Oshio, 2016. "Are Japanese Men of Pensionable Age Underemployed or Overemployed?," The Japanese Economic Review, Japanese Economic Association, vol. 67(2), pages 150-168, June.
    7. Usui, Emiko & Shimizutani, Satoshi & Oshio, Takashi, 2014. "Work Capacity of Older Adults in Japan," CIS Discussion paper series 635, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Emiko Usui & Satoshi Shimizutani & Takashi Oshio, 2016. "Are Japanese Men of Pensionable Age Underemployed or Overemployed?," The Japanese Economic Review, Springer, vol. 67(2), pages 150-168, June.
    2. Matsukura, Rikiya & Shimizutani, Satoshi & Mitsuyama, Nahoko & Lee, Sang-Hyop & Ogawa, Naohiro, 2018. "Untapped work capacity among old persons and their potential contributions to the “silver dividend” in Japan," The Journal of the Economics of Ageing, Elsevier, vol. 12(C), pages 236-249.
    3. Takashi Oshio & Emiko Usui & Satoshi Shimizutani, 2018. "Labor Force Participation of the Elderly in Japan," NBER Chapters, in: Social Security Programs and Retirement around the World: Working Longer, pages 163-178, National Bureau of Economic Research, Inc.
    4. Oshio, Takashi & Shimizutani, Satoshi, 2019. "Health capacity to work and its long-term trend among the Japanese elderly," Journal of the Japanese and International Economies, Elsevier, vol. 51(C), pages 76-86.
    5. Hou, Bo & Wang, Gewei & Wang, Yafeng & Zhao, Yaohui, 2021. "The health capacity to work at older ages in urban China," China Economic Review, Elsevier, vol. 66(C).
    6. OSHIO Takashi, 2018. "Health Capacity to Work and Its Long-term Trend among the Japanese Elderly," Discussion papers 18079, Research Institute of Economy, Trade and Industry (RIETI).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. OSHIO Takashi, 2018. "Health Capacity to Work and Its Long-term Trend among the Japanese Elderly," Discussion papers 18079, Research Institute of Economy, Trade and Industry (RIETI).
    2. Shimizutani, Satoshi & Oshio, Takashi, 2013. "Revisiting the labor supply effect of social security earnings test: New evidence from its elimination and reinstatement in Japan," Japan and the World Economy, Elsevier, vol. 28(C), pages 99-111.
    3. Olivia S. Mitchell & John W. R. Phillips, 2012. "Retirement in Japan and the United States: Cross-national Comparisons using the Japanese Study of Aging and Retirement (JSTAR) and the U.S. Health and Retirement Study (HRS)," Working Papers wp270, University of Michigan, Michigan Retirement Research Center.
    4. ICHIMURA Hidehiko & SHIMIZUTANI Satoshi, 2011. "Retirement Process in Japan: New evidence from Japanese Study on Aging and Retirement (JSTAR)," Discussion papers 11080, Research Institute of Economy, Trade and Industry (RIETI).
    5. Oshio, Takashi & Shimizutani, Satoshi, 2019. "Health capacity to work and its long-term trend among the Japanese elderly," Journal of the Japanese and International Economies, Elsevier, vol. 51(C), pages 76-86.
    6. Shimizutani, Satoshi, 2011. "A new anatomy of the retirement process in Japan," Japan and the World Economy, Elsevier, vol. 23(3), pages 141-152.
    7. Paul Bingley & Nabanita Datta Gupta & Peder J. Pedersen, 2017. "Health Capacity to Work at Older Ages in Denmark," NBER Chapters, in: Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages, pages 85-110, National Bureau of Economic Research, Inc.
    8. Emiko Usui & Satoshi Shimizutani & Takashi Oshio, 2016. "Are Japanese Men of Pensionable Age Underemployed or Overemployed?," The Japanese Economic Review, Japanese Economic Association, vol. 67(2), pages 150-168, June.
    9. Shimizutani, Satoshi & 清水谷, 諭 & Fujii, Mayu & 藤井, 麻由 & Oshio, Takashi & 小塩, 隆士, 2012. "Option Value of Work, Health Status, and Retirement Decisions: New Evidence from the Japanese Study on Aging and Retirement (JSTAR)," CIS Discussion paper series 566, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    10. Robert Clark & Rikiya Matsukura & Naohiro Ogawa, 2014. "Retirement Transitions In Japan," Discussion Papers 14-013, Stanford Institute for Economic Policy Research.
    11. Oshio, Takashi & Shimizutani, Satoshi & Oishi, Akiko S., 2020. "Examining how elderly employment is associated with institutional disincentives in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 56(C).
    12. Usui, Emiko & Shimizutani, Satoshi & Oshio, Takashi, 2014. "Work Capacity of Older Adults in Japan," CIS Discussion paper series 635, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    13. Poterba, James M. & Venti, Steven F. & Wise, David A., 2017. "The asset cost of poor health," The Journal of the Economics of Ageing, Elsevier, vol. 9(C), pages 172-184.
    14. Ben Baumberg Geiger & René Böheim & Thomas Leoni, 2018. "The growing American health penalty: International trends in the employment of older workers with poor health," Department of Economics Working Papers wuwp271, Vienna University of Economics and Business, Department of Economics.
    15. Boman, Anders, 2015. "Spending time together? Effects on the retirement decision from partner’s labour market status," Working Papers in Economics 618, University of Gothenburg, Department of Economics.
    16. Chiara Dal Bianco, 2023. "Disability Insurance and the Effects of Return-to-work Policies," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 351-373, July.
    17. Takashi Oshio & Akiko S. Oishi & Satoshi Shimizutani, 2018. "Social Security Programs and Elderly Employment in Japan," NBER Chapters, in: Social Security Programs and Retirement around the World: Reforms and Retirement Incentives, pages 271-296, National Bureau of Economic Research, Inc.
    18. Satoshi Shimizutani & Takashi Oshio, 2016. "Public Pension Benefits Claiming Behaviour: new Evidence from the Japanese Study on Ageing and Retirement," The Japanese Economic Review, Springer, vol. 67(3), pages 235-256, September.
    19. Kim, Dohyung, 2019. "Health Capacity to Work at Older Ages in South Korea: Estimates and Implications for Public Pension Policies," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 41(2), pages 41-58.
    20. Oshio, Takashi & Usui, Emiko, 2017. "The effects of providing eldercare on daughters’ employment and mental health in Japan," CIS Discussion paper series 661, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.

    More about this item

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nbr:nberch:13744. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/nberrus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.