{"title":"Will People Be Healthy Enough to Work Longer?","authors":"A. Munnell, Mauricio Soto, Alex Golub-Sass","doi":"10.2139/ssrn.1315487","DOIUrl":"https://doi.org/10.2139/ssrn.1315487","url":null,"abstract":"If Americans continue to retire at age 63, a great many will risk income shortfalls especially at older ages. Because work directly increases current income, Social Security benefits, retirement saving, and decreases the length of retirement, a logical solution would be to increase the age of retirement. But are Americans healthy enough to work longer? Using the National Health Interview Study, this paper shows that healthy life expectancy increased by about three years over 1970-2000 for the average 50-year old man. This increase is largely the result of men moving up the education ladder, with minimal increases within educational groups. Moreover, major disparities in healthy life expectancy remain between those in the bottom and top quartiles of the population. And these disparities mean that a vulnerable portion of the population – perhaps those who most need to work longer – might not be able to extend their work lives.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132680504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Human Capital Externalities and Adult Mortality in the U.S.","authors":"Christopher H. Wheeler","doi":"10.2139/ssrn.1023984","DOIUrl":"https://doi.org/10.2139/ssrn.1023984","url":null,"abstract":"Human capital is now widely recognized to confer numerous benefits, including higher incomes, lower incidence of unemployment, and better health, to those who invest in it. Yet, recent evidence suggests that it also produces larger, social (external) benefits, such as greater aggregate income and productivity as well as lower rates of crime and political corruption. This paper considers whether human capital also delivers external benefits via reduced mortality. That is, after conditioning on various individual-specific characteristics including income and education, do we observe lower rates of mortality in economies with higher average levels of education among the total population? Evidence from a sample of more than 200 U.S. metropolitan areas over the decade of the 1990s suggests that there are significant human capital externalities on health. After conditioning on a variety of city-specific characteristics, the findings suggest that a 5 percentage point decrease in the fraction of college graduates in the population corresponds to a 14 to 36 percent increase in the probability of death, on average. Although I am unable to identify the precise mechanism by which this relationship operates, it is certainly consistent with the idea that interactions with highly educated individuals - who tend to exhibit relatively healthy behaviors - encourage others to adopt similar behaviors. Evidence of a significant inverse relationship between aggregate human capital and smoking, conditional on personal characteristics, in a sample of 201 U.S. metropolitan areas is also consistent with this hypothesis.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128119989","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. de Grip, H. Bosma, Dick Willems, M. V. van Boxtel
{"title":"Job-Worker Mismatch and Cognitive Decline","authors":"A. de Grip, H. Bosma, Dick Willems, M. V. van Boxtel","doi":"10.1093/OEP/GPM023","DOIUrl":"https://doi.org/10.1093/OEP/GPM023","url":null,"abstract":"We use longitudinal test data on various aspects of persons’ cognitive abilities to analyze whether overeducated workers are more vulnerable to cognitive decline, and undereducated workers are less vulnerable. We find that the job-worker mismatch induces cognitive decline with respect to immediate and delayed recall abilities, cognitive flexibility and verbal fluency. Our findings indicate that, to some extent, it is the adjustment of the ability level of the overeducated and undereducated workers that adjusts initial mismatch. This adds to the relevance of preventing overeducation, and shows that being employed above one’s level of education contributes to workers’ cognitive resilience.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130109432","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A. van Soest, A. Kapteyn, T. Andreyeva, James P. Smith
{"title":"Self Reported Disability and Reference Groups","authors":"A. van Soest, A. Kapteyn, T. Andreyeva, James P. Smith","doi":"10.2139/ssrn.1003913","DOIUrl":"https://doi.org/10.2139/ssrn.1003913","url":null,"abstract":"Social networks and social interactions affect individual and social norms. We develop a direct test of this using Dutch survey data on how respondents evaluate work disability of hypothetical people with some work related health problem (vignettes). We analyze how the thresholds respondents use to decide what constitutes a (mild or more serious) work disability depend on the number of people receiving disability insurance benefits (DI) in their reference group. We find that reference group effects are significant and contribute substantially to an explanation of why self-reported work disability in the Netherlands is much higher than in, for example, the US.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"46 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128681245","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Health and Retirement Decisions: An Update of the Literature","authors":"M. Deschryvere","doi":"10.2139/ssrn.2011819","DOIUrl":"https://doi.org/10.2139/ssrn.2011819","url":null,"abstract":"This paper surveys the relation between the labor supply and the health of the elderly, based on major studies conducted earlier and new literature. Most of the empirical literature on the topic is drawn from American data, although new European datasets have enabled analysis in several EU countries. The paper complements previous surveys in that it includes recent European results and overviews most of the latest developments in micro-modelling issues. The quest for unbiased estimates of the effect of health on retirement is characterized by several challenges. One important challenge is the endogenous character of the relationship between health and retirement. A second challenge concerns the reporting bias to which certain health measures may be prone. The empirical literature surveyed suggests that poor health reduces the capacity to work and has a substantial impact on labor force participation. The exact magnitude, however, is sensitive to both the choice of health measures and the identification assumptions. For that reason a comparison of health effects between different studies is difficult. Nevertheless, what has been proven is that the old assumption that objective health measures are superior to subjective health measures needs to be applied with caution.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124424003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Nutritional Status and Agricultural Surpluses in the Antebellum United States","authors":"L. Craig, Thomas Weiss","doi":"10.3386/H0099","DOIUrl":"https://doi.org/10.3386/H0099","url":null,"abstract":"We model the relationship between local agricultural surpluses, nutritional status, and height, and we test the hypothesis that adult height is positively correlated with the local production of nutrition in infancy. We test the hypothesis on two samples of Union Army recruits - one consisting of white recruits and the other black recruits. The white sample shows that a local protein surplus one standard deviation above the mean yielded an additional 0.10 inches in adult height, and a similar deviation in surplus calorie production yielded an additional 0.20 inches. For blacks, however, the effect was probably negligible.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1997-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122194526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Self-Reported vs. Objective Measures of Health in Retirement Models","authors":"J. Bound","doi":"10.3386/w2997","DOIUrl":"https://doi.org/10.3386/w2997","url":null,"abstract":"Labor supply estimates are sensitive to the measures of health used. When self reported measures are used health seems to playa larger role and economic factors a smaller one than when more objective measures are used\" While most authors have interpreted these results as an indication of the biases inherent in using self-reported measures, there are reasons to be suspicious of estimates based on more objective measures as well. In this paper I construct a statistical model incorporating both self-reported and objective measures of health. I use the model to show the potential biases involved in using either measure of health or in using one to instrument the other- When outside information on the validity of self-reported measures of health are incorporated into the model estimates suggest that the self-reported measures of health perform better than many have believed.","PeriodicalId":108297,"journal":{"name":"HEN: Human Capital Modelling (Topic)","volume":"256 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1989-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117348400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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