Laun, Tobias; Wallenius, Johanna - 2013
more cross-country variation in the employment rates of people aged 55-64 than we observe in the data. -- life cycle … accounting for the differing labor supply patterns of older individuals across OECD countries. To this end, we develop a life … cycle model of labor supply and health with heterogeneous agents. The key features of the framework are: (1) people choose …