This paper investigates the role of pain in affecting self-reported work disability and employment of elderly workers …, using six biennial waves from the Health and Retirement Study. They find the dynamics of the presence of pain is central to … the dynamic patterns of employment. …

crisis on labor market outcomes. Aggregate employment has remained remarkably robust through the crisis although there has … been significant switching within sectors. The drama of the crisis lies not in aggregate employment but in real hourly …