The Impact of Health on Labor Supply near Retirement

Richard Blundell (), Jack Britton, Monica Costa Dias and Eric French

Journal of Human Resources, 2023, vol. 58, issue 1, 282-334

Abstract: Estimates of how health affects employment vary considerably. We assess how different methods and health measures impact estimates of the impact of health on employment using a unified framework for the United States and England. We find that subjective and objective health measures and subjective measures instrumented by objective measures produce similar estimates when using sufficiently rich objective measures. Moreover, a single health index can capture the relevant health variation for employment. Health deterioration explains up to 15 percent of the decline in employment between ages 50 and 70. Effects are larger for the United States than England and for the low educated.

JEL-codes: E24 I10 J24 J26 (search for similar items in EconPapers)
Date: 2023
Note: DOI: 10.3368/jhr.58.3.1217-9240R4
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Citations: View citations in EconPapers (10)

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Related works:
Working Paper: The impact of health on labour supply near retirement (2017)
Working Paper: The Impact of Health on Labor Supply Near Retirement (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:58:y:2023:i:1:p:282-334

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