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Health and Work of the Elderly

Author

Listed:
  • Maarten Lindeboom

    (Faculty of Economics and Business Administration, Vrije Universiteit Amsterdam)

  • Marcel Kerkhofs

    (OSA Institute for Labour Studies, Tilburg University)

Abstract

This discussion paper resulted in a publication in the Journal of Applied Econometrics (2009). Volume 24, pages 1024-1046. This paper aims to exp1ore the interre1ation between hea1th and work decisions of e1der1y workers, taking the various ways in which hea1th and work can influence each other exp1icitly into account. For this, two issues are of re1evance. Se1f-assessed health measures are usually at hand in empiricalanalyses and research indicates that these may be affected by endogenous, state dependent, reporting behaviour. Furthermore, even if an objective health measure is used, it is not likely to be strictly exogenous to labour market status or labour income. Health and labour market variables are correlatedbecause of unobserved individual-specific characteristics (e.g., investments in human capital and health capital). Moreover, one's labour rnarket status is expected to have a (reverse) causal effect on health. A solution to the 'Health and Retirement Nexus' requires an integrated model for work decisions, health production and health reporting mechanisms. We formulate such a model andestirnate it on a longitudinal dataset of Dutch elderly.

Suggested Citation

  • Maarten Lindeboom & Marcel Kerkhofs, 2002. "Health and Work of the Elderly," Tinbergen Institute Discussion Papers 02-025/3, Tinbergen Institute.
    • Handle: RePEc:tin:wpaper:20020025
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    Citations

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    Cited by:

    1. Ana Llena‐Nozal & Maarten Lindeboom & France Portrait, 2004. "The effect of work on mental health: does occupation matter?," Health Economics, John Wiley & Sons, Ltd., vol. 13(10), pages 1045-1062, October.
    2. Danilo Cavapozzi, 2008. "Health and Labor Supply Dynamics of Older Married Workers," "Marco Fanno" Working Papers 0073, Dipartimento di Scienze Economiche "Marco Fanno".
    3. Udo Schneider & Christian Pfarr & Brit Schneider & Volker Ulrich, 2012. "I feel good! Gender differences and reporting heterogeneity in self-assessed health," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 13(3), pages 251-265, June.
    4. Jan Erik Askildsen & Espen Bratberg & Øivind Anti Nilsen, 2005. "Unemployment, labor force composition and sickness absence: a panel data study," Health Economics, John Wiley & Sons, Ltd., vol. 14(11), pages 1087-1101, November.
    5. Doreen Wing Han Au & Thomas F. Crossley & Martin Schellhorn, 2005. "The effect of health changes and long‐term health on the work activity of older Canadians," Health Economics, John Wiley & Sons, Ltd., vol. 14(10), pages 999-1018, October.
    6. James Banks & Arie Kapteyn & James P. Smith & Arthur Van Soest, 2004. "International Comparisons of Work Disability," Working Papers WR-155, RAND Corporation.
    7. Paul Frijters & John P. Haisken-DeNew & Michael Shields, 2003. "Estimating The Causal Effect of Income on Health: Evidence from Post Reunification East Germany," CEPR Discussion Papers 465, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    8. Mareva Sabatier & Bérangère Legendre, 2017. "The puzzle of older workers’ employment: distance to retirement and health effects," International Journal of Manpower, Emerald Group Publishing Limited, vol. 38(1), pages 45-61, April.
    9. Philippe Tessier & François-Charles Wolff, 2005. "Offre de travail et santé en France," Economie & Prévision, La Documentation Française, vol. 168(2), pages 17-41.
    10. Melanie K. Jones, 2007. "Does Part‐Time Employment Provide A Way Of Accommodating A Disability?," Manchester School, University of Manchester, vol. 75(6), pages 695-716, December.
    11. Subhasree Basu Roy, 2018. "Effect of Health on Retirement of Older Americans: a Competing Risks Study," Journal of Labor Research, Springer, vol. 39(1), pages 56-98, March.
    12. Deschryvere, Matthias, 2004. "Labour Force Behavior of Elderly Two Adult Households: Evidence from EU-countries," Discussion Papers 933, The Research Institute of the Finnish Economy.
    13. Deschryvere, Matthias, 2004. "Health and Retirement. An Update of the Literature," Discussion Papers 932, The Research Institute of the Finnish Economy.
    14. Behncke S, 2009. "How Does Retirement Affect Health?," Health, Econometrics and Data Group (HEDG) Working Papers 09/11, HEDG, c/o Department of Economics, University of York.
    15. Fe, Eduardo & Hollingsworth, Bruce, 2012. "Estimating the eect of retirement on mental health via panel discontinuity designs," MPRA Paper 38162, University Library of Munich, Germany.
    16. Paul L. Latreille, 2009. "Disability, Health and the Labour Market: Evidence from the Welsh Health Survey," Local Economy, London South Bank University, vol. 24(3), pages 192-210, May.

    More about this item

    Keywords

    Retirement; health; endogeneity; state dependent reporting errors.;
    All these keywords.

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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