Health Capacity to Work among Older Japanese Persons

Takashi Oshio, Satoshi Shimizutani () and Aiko Kikkawa ()
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Takashi Oshio: Institute of Economic Research, Hitotsubashi University, Tokyo, Japan
Satoshi Shimizutani: Faculty of Economics, University of Tokyo, Japan
Aiko Kikkawa: Asian Development Bank, Metro Manila, Philippines

Asian Development Review (ADR), 2024, vol. 41, issue 01, 95-120

Abstract: This study examines the health capacity to work among older persons in Japan—that is, how much longer older persons can work based on their health status using nationwide population-based surveys. We first examine how much older persons could work if they worked as much as those with the same mortality rate in the past (Milligan–Wise method). Second, we estimate how much older persons could work if they worked as much as younger persons in similar health (Cutler, Meara, and Richards-Shubik method). The results from both methods underscore a large work capacity among older persons in Japan. In particular, we observe a larger work capacity for the better educated and a negligible difference across regions. Moreover, we find an excess of part-time work, suggesting the need to enhance the flexibility of the choice of working style.

Keywords: employment; health capacity to work; Japan; mortality (search for similar items in EconPapers)
JEL-codes: I12 J14 J26 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:wsi:adrxxx:v:41:y:2024:i:01:n:s0116110524400031

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DOI: 10.1142/S0116110524400031

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