Widening Health Gap in the US Labor Force Participation at Older Ages

IF 0.8 4区 经济学 Q3 ECONOMICS
Tomaz Cajner, Javier Fernández-Blanco, Virginia Sánchez-Marcos
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引用次数: 0

Abstract

Using microdata from the CPS and the HRS, we document changes in labor force participation at older ages in the USA since the mid-1990s. Our main finding is that the over two-decade increase in participation is solely driven by individuals in good health, and does not differ across either educational or occupational groups. This phenomenon may importantly affect the results of social security reforms aiming at raising the mandatory retirement age and may exacerbate the health gap in lifetime earnings. (JEL codes: J22 and I14)
美国老年劳动力参与率的健康差距不断扩大
利用 CPS 和 HRS 的微观数据,我们记录了自 20 世纪 90 年代中期以来美国老年劳动力参与率的变化。我们的主要发现是,二十多年来劳动力参与率的增长完全是由健康状况良好的个人推动的,在教育或职业群体之间并无差异。这一现象可能会对旨在提高强制退休年龄的社会保障改革的结果产生重要影响,并可能会加剧终身收入中的健康差距。(JEL 代码:J22 和 I14)
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来源期刊
CiteScore
2.70
自引率
7.70%
发文量
11
期刊介绍: CESifo Economic Studies publishes provocative, high-quality papers in economics, with a particular focus on policy issues. Papers by leading academics are written for a wide and global audience, including those in government, business, and academia. The journal combines theory and empirical research in a style accessible to economists across all specialisations.
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