Both health status and net worth can affect retirement decisions. In some cases, early retirement may be precipitated by a shock to an individual’s health and/or economic status. The authors examine how health and wealth shocks affect retirement decisions. They use data from the Panel Study of...

Previous research on the effect of body mass on economic outcomes has used a variety of methods to mitigate endogeneity bias. We extend this research by using an older sample of U.S. individuals from the PSID. This sample allows us to examine age-gender interactive effects. Through...

An extensive literature has documented a robust correlation between socioeconomic status--measured in a variety of ways--and health outcomes; however, much uncertainty remains regarding what causal processes underlie this association. The present paper builds on a growing literature that seeks...

"Prior researchers have deployed the Vietnam-era draft lottery as an instrument to estimate causal effects of military service on health and income. This research has shown that effects of veteran status on mortality and earnings that appeared shortly after the war seem to have dissipated by...