Sick of work or too sick to work? Evidence on health shocks and early retirement from the BHPS
Year: 2006
Type: preprint
Study design: Observational Study
Abstract: We follow individuals as they retire using discrete-time hazard models applied to a stock sample from 12 waves of the British Household Panel Survey. Results confirm that health shocks are a determinant of retirement age and are quantitatively more important than pension entitlement. This is the case for both men and women and is observed for both a measure of health limitations and a measure of latent health status obtained from a generalized ordered probit model. Further, our results provide evidence that, for women, the health status of their partner impacts on their retirement decisions; and effect that is not evident for men.
Authors: Nigel Rice, Jennifer Roberts, Andrew M. Jones
Language: English
Subfield: Demography
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1967599331