Health capacity to work and its long-term trend among the Japanese elderly
Takashi Oshio and
Satoshi Shimizutani ()
Journal of the Japanese and International Economies, 2019, vol. 51, issue C, 76-86
This study examines the health capacity to work of the elderly—that is, how much longer the elderly can work judging by their health status—and its long-term trend between 1986 and 2016 by using nationwide, population-based surveys in Japan. Based on the estimated relationship between health and work status among individuals in their 50s, this study simulates these individuals’ work capacities in their 60s and early 70s. The simulation results reveal a large additional work capacity among the elderly as well as the possibility of some shift from part-time to full-time jobs among the male elderly. This study further observes that the elderly's additional work capacity has increased over the past 30 years along with the improvement of health status, although health conditions still prevent some individuals from working. The results underscore the need for policy measures to utilize the extra work capacity of the elderly.
Keywords: Elderly; Employment; Health status; Work capacity (search for similar items in EconPapers)
JEL-codes: I1 J1 J2 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jjieco:v:51:y:2019:i:c:p:76-86
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