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dc.contributor.authorLaun, Tobiasen
dc.contributor.authorWallenius, Johannaen
dc.date.accessioned2012-03-21-
dc.date.accessioned2012-03-28T13:06:24Z-
dc.date.available2012-03-28T13:06:24Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/56215-
dc.description.abstractIn this paper we develop a life cycle model of labor supply and retirement to study the interactions between health and the labor supply behavior of older workers, in particular disability insurance and pension claiming. In our framework, individuals choose when to stop working and, given eligibility criteria, when/if to apply for disability and pension benefits. Individuals care about their health and can partially insure against health shocks by investing in health. We use the model to study the labor supply implications of the recent Swedish pension reform. We find that the new pension system creates big incentives for the continued employment of older workers. In particular, the model predicts an increase in the average retirement age of more than two years.en
dc.language.isoengen
dc.publisher|aStockholm School of Economics, The Economic Research Institute (EFI) |cStockholmen
dc.relation.ispartofseries|aSSE/EFI Working Paper Series in Economics and Finance |x741en
dc.subject.jelE24en
dc.subject.jelJ22en
dc.subject.jelJ26en
dc.subject.ddc330en
dc.subject.keywordlife cycleen
dc.subject.keywordretirementen
dc.subject.keywordpension reformen
dc.subject.keyworddisability insuranceen
dc.subject.keywordhealthen
dc.subject.stwRentenreformen
dc.subject.stwArbeitsangeboten
dc.subject.stwAltersgrenzeen
dc.subject.stwErwerbsunfähigkeitsrenteen
dc.subject.stwSchwedenen
dc.titleA life cycle model of health and retirement: The case of Swedish pension reform-
dc.typeWorking Paperen
dc.identifier.ppn68894681Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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