Health problems as determinants of retirement: are self-rated measures endogenous?

TitleHealth problems as determinants of retirement: are self-rated measures endogenous?
Publication TypeJournal Article
Year of Publication1999
AuthorsDwyer, DS, Mitchell, OS
JournalJ Health Econ
Date Published1999 Apr
ISSN Number0167-6296
Call Numberpubs_1999_Dwyer_DJHE.pdf
KeywordsHealth Services Research, Health Status Indicators, Humans, Male, Models, Statistical, Retirement, Self-Assessment, United States

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.


RDA ProCite field 3 : US Social Security Administration; U PA

User Guide Notes

Endnote Keywords

Retirement/Retirement Policies/Health Production--Nutrition, Mortality, Morbidity, Disability, and Economic Behavior/Health Status/Retirement Planning

Endnote ID


Alternate JournalJ Health Econ
Citation Key6636
PubMed ID10346352
Grant ListU01 AG009740 / AG / NIA NIH HHS / United States
1 R03 AG14220-01 / AG / NIA NIH HHS / United States