We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement … in the case of the broad definition of retirement. Initial health stock shows a significant impact on both definitions of …

This paper investigates the effects of retirement on various health outcomes. Data stem from the first three waves of … applied to identify causal effects. It is found that retirement significantly increases the risk of being diagnosed with a …. Estimates also indicate that retirement has quite diverse effects for different individuals. …

reduction in hours of work, before retirement, on the moment of exit from the labor force. If, as often suggested, flexibility … in hours of work is a useful measure to postpone retirement, then a reduction in working hours should be associated with … retirement at later ages. Results prove otherwise suggesting that reducing hours of work before retirement is associated with …

If retirement means a substantial and sustained reduction in the time spent working for pay or profit, measurement … of the individual income tax returns of all tax filers since 1980, we identify those with significant labour force … attachment at ages 50-52, and follow them year by year. If retired means having no income from employment, the median age of …

We model retirement behavior in Sweden during the 1990ies with focus on voluntary early retirement where there is an … retirement. Earlier studies have neglected such offers, but in doing so, estimates of the individuals' responses to financial … incentives in a retirement decision are likely to be biased upward. We propose an estimation strategy where the retirement …

Using longitudinal data from the Canadian National Population Health Survey (NPHS), we study the relationship between … health and employment among older Canadians. We focus on two issues: (1) the possible endogeneity of self-reported health …, particularly ?justification bias?, and (2) the relative importance of health changes and long-term health in the decision to work …

women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …

exogenous to labour market status or labour income. Health and labour market variables are correlated because of unobserved … is expected to have a (reverse) causal effect on health. A solution to the ?Health and Retirement Nexus? requires an …This paper aims to explore the interrelation between health and work decisions of elderly workers, taking the various …

We use panel data from the US Health and Retirement Study 1992-2002 to estimate the effect of self-assessed health … limitations on active labor market participation of men around retirement age. Self-assessments of health and functioning … typically introduce an endogeneity bias when studying the effects of health on labor market participation. This results from …