Kemptner, Daniel - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2013
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …-Economic Panel. I quantify the health-related life cycle risks by simulating scenarios where health shocks do or do not occur at …