We estimate the effect of additional pension income on mortality outcomes by exploring the eli- gibility criteria of a … to a 2-month delay in age at death (censored at 75). Survey evidence suggests that additional pension income improves … both mental and physical health. In addition, individuals feel less financially constrained and are more optimistic about …

This report is designed to provide new evidence on retirement patterns in the UK, as part of the Pensions Review, a … financial security in retirement. Understanding patterns of retirement at older ages is key to understanding the challenges … longer in paid work. This report seeks to understand how patterns of employment and retirement have changed, both before and …

; retirement ; disability insurance ; health … cycle model of labor supply and health with heterogeneous agents. The key features of the framework are: (1) people choose … benefits is imperfectly correlated with health, and (3) people can partially insure against health shocks by investing in …

Estimates of the effect of health on employment differ significantly from study to study due to differences in method …, data, institutional background and health measure. We assess the importance of these differences using a unified framework … to interpret and contrast estimates of the impact of health on employment based on various measures of health and …

In this paper, we investigate health and aging before and after retirement for specific occupational groups. We use … five waves of the Survey of Health, Aging, and Retirement in Europe (SHARE) dataset and construct a frailty index for … accumulate health deficits faster than workers from the second (high status) group. We instrument retirement by statutory …