Part-time work and Health among Older Workers in Ireland and Britain

Brenda Gannon and Jennifer Roberts

No 2008013, Working Papers from The University of Sheffield, Department of Economics

Abstract: Part-time work is viewed as a viable option for people who wish to have a gradual transition to retirement. From a policy viewpoint, this may help to alleviate some labour supply shortages, especially in the context of the aging population. Factors such as health or pension provision may influence a person´s decision to work part-time. This paper considers the impact of health on the work decision for people aged 50 and over in the UK and Ireland. Methodological issues are discussed and the impact of unobserved individual effects is estimated using the Mundlak estimator applied to the multinomial probit model. The impact of health on part-time work is negative in Ireland, but we find no significant effect in the UK. The paper discusses potential reasons for these impacts and current policies on part-time work..

Keywords: health; retirement; panel data (search for similar items in EconPapers)
JEL-codes: C23 I10 J26 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2008-12, Revised 2008-12
New Economics Papers: this item is included in nep-age, nep-eec, nep-hap, nep-hea and nep-lab
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Citations: View citations in EconPapers (2)

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