To read this content please select one of the options below:

" parent-title="Transitions through the Labor Market" :mixpanel-data='{"URI":"\/content\/doi\/10.1108\/S0147-912120180000046007\/full\/html","Format":"HTML","Content ID \/ DOI":"10.1108\/S0147-912120180000046007","Content Title":"The Role of Health in Retirement\n\u2606\n\n","Parent Title":"Transitions through the Labor Market","Year Of Publication":"2018","Publication Date":"6 August 2018","Access Method":"User","Access Type":"controlled","Parent Type":"book","Parent ID \/ DOI":"10.1108\/S0147-9121201846","pISBN":"978-1-78756-462-6","eISBN":"978-1-78756-461-9","ISBN":"978-1-78756-461-9","Content Type":"segment"}' image="" content-type="book-part" parent-type="book" isbn="978-1-78756-462-6" issn="" publication-date="6 August 2018" account="" additionalaccount="" opencart_base_url="" root="/insight/" country_code="US" origin_view="outside_dropdown" >

The Role of Health in Retirement

Transitions through the Labor Market

ISBN: 978-1-78756-462-6, eISBN: 978-1-78756-461-9

Publication date: 6 August 2018


A dynamic model of the evolution of health for those over the age of 50 is embedded in a structural, econometric model of retirement and saving. Effects of smoking, obesity, alcohol consumption, depression, and other proclivities on medical conditions are analyzed, including hypertension, diabetes, cancer, lung disease, heart problems, stroke, psychiatric problems, and arthritis. Compared to a population in good health, the current health of the population reduces retirement age by about one year. Including detailed health dynamics in a retirement model does not influence estimates of the marginal effects of economic incentives on retirement.



Gustman, A.L. and Steinmeier, T.L. (2018), "The Role of Health in Retirement ", Transitions through the Labor Market (Research in Labor Economics, Vol. 46), Emerald Publishing Limited, Bingley, pp. 229-297.



Emerald Publishing Limited

Copyright © 2018 Emerald Publishing Limited