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Title:An Econometric Analysis of the Mental-Health Effects of Major Events in the Life of Elderly Individuals PDF Logo
Authors:Lindeboom, Maarten
Portrait, France
van den Berg, Gerard J.
Issue Date:2001
Series/Report no.:IZA Discussion paper series 398
Abstract:Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move to a nursing home, may affect the mental health status of the individual. For example, the individual may enter a prolonged depression. We investigate this using unique longitudinal panel data that track labor market behavior, health status, and major life events, over time. To deal with endogenous aspects of these events we apply fixed effects estimation methods. We find some strikingly large effects of certain events on the occurrence of depression. We show that the results are of importance for the design of health care and labor market policy towards the elderly.
Subjects:Death
retirement
income loss
disease
depression
health indicators
widowhood
care
panel data
endogeneity
fixed effects
JEL:C5
I1
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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