Health and Work of the Elderly: Subjective Health Measures, Reporting Errors and the Endogenous Relationship between Health and Work
Maarten Lindeboom () and
Marcel Kerkhofs ()
Additional contact information
Marcel Kerkhofs: Tilburg University
No 457, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
This paper aims to explore the interrelation between health and work decisions of elderly workers, taking the various ways in which health and work can influence each other explicitly into account. For this, two issues are of relevance. Self-assessed health measures are usually at hand in empirical analyses and research indicates that these may be endogenous, state dependent, reporting behaviour. Furthermore, even if an objective health measure is used, it is not likely to be strictly exogenous to labour market status or labour income. Health and labour market variables are correlated because of unobserved individual-specific characteristics (e.g., investments in human capital and health capital) Moreover, one’s labour market status is expected to have a (reverse) causal effect on health. A solution to the ‘Health and Retirement Nexus’ requires an integrated model for work decisions, health production and health reporting mechanisms. We formulate such a model and estimate it on a longitudinal dataset of Dutch elderly.
Keywords: endogeneity; state dependent reporting errors; retirement; health (search for similar items in EconPapers)
JEL-codes: I12 J14 (search for similar items in EconPapers)
Pages: 44 pages
Date: 2002-03
New Economics Papers: this item is included in nep-hea
References: Add references at CitEc
Citations: View citations in EconPapers (24)
Published - published as: 'Health and work of the elderly: subjective health measures, reporting errors and endogeneity in the relationship between health and work' in: Journal of Applied Econometrics, 2009, 24 (6), 1024 - 1046
Downloads: (external link)
https://docs.iza.org/dp457.pdf (application/pdf)
Related works:
Working Paper: Health and Work of the Elderly: Subjective Health Measures, Reporting Errors and the Endogenous Relationship Between Health and Work (2000) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp457
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().