Title | Health problems as determinants of retirement: are self-rated measures endogenous? |
Publication Type | Journal Article |
Year of Publication | 1999 |
Authors | Dwyer, DS, Mitchell, OS |
Journal | J Health Econ |
Volume | 18 |
Issue | 2 |
Pagination | 173-93 |
Date Published | 1999 Apr |
ISSN Number | 0167-6296 |
Call Number | pubs_1999_Dwyer_DJHE.pdf |
Keywords | Health Services Research, Health Status Indicators, Humans, Male, Models, Statistical, Retirement, Self-Assessment, United States |
Abstract | We explore alternative measures of unobserved health status in order to identify effects of mental and physical capacity for work on older men's retirement. Traditional self-ratings of poor health are tested against more objectively measured instruments. Using the Health and Retirement Study (HRS), we find that health problems influence retirement plans more strongly than do economic variables. Specifically, men in poor overall health expected to retire one to two years earlier, an effect that persists after correcting for potential endogeneity of self-rated health problems. The effects of detailed health problems are also examined in depth. |
Notes | RDA ProCite field 3 : US Social Security Administration; U PA |
DOI | 10.1016/s0167-6296(98)00034-4 |
User Guide Notes | |
Endnote Keywords | Retirement/Retirement Policies/Health Production--Nutrition, Mortality, Morbidity, Disability, and Economic Behavior/Health Status/Retirement Planning |
Endnote ID | 1196 |
Alternate Journal | J Health Econ |
Citation Key | 6636 |
PubMed ID | 10346352 |
Grant List | U01 AG009740 / AG / NIA NIH HHS / United States 1 R03 AG14220-01 / AG / NIA NIH HHS / United States |