Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/71542
Autoren: 
Disney, Richard
Emmerson, Carl
Wakefield, Matthew
Datum: 
2003
Schriftenreihe/Nr.: 
IFS Working Papers No. 03/02
Zusammenfassung: 
We examine the role of ill-health in retirement decisions in Britain, using the first eight waves of the British Household Panel Survey (1991-98). As self-reported health status is likely to be endogenous to the retirement decision, we instrument self-reported health by a constructed Ѩealth stock' measure using a set of health indicator variables and personal characteristics, as suggested by Bound et al (1999). Using both linear and non-linear fixed effects estimators, we show that adverse individual health shocks are an important predictor of individual retirement behaviour. We compare the impact of our constructed health measure on economic activity with that arising from the use of other health variables in the data set. We also examine the impact of the 1995 reform of disability benefits on the retirement decision.
Schlagwörter: 
Ill health Retirement Disability insurance
JEL: 
H55
I12
J26
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
372.96 kB





Publikationen in EconStor sind urheberrechtlich geschützt.