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An econometric analysis of the mental-health effects of major events in the life of older individuals

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  • Maarten Lindeboom
  • France Portrait
  • Gerard J. van den Berg

Abstract

Major events in the life of an older individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move to a nursing home, may affect the mental-health status of the individual. For example, the individual may enter a prolonged depression. We investigate this using unique longitudinal panel data that track labor market behavior, health status, and major life events, over time. To deal with endogenous aspects of these events we apply fixed effects estimation methods. We find some strikingly large effects of certain events on the occurrence of depression. We relate the results to the health care and labor market policy towards older individuals. Copyright © 2002 John Wiley & Sons, Ltd.

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Article provided by John Wiley & Sons, Ltd. in its journal Health Economics.

Volume (Year): 11 (2002)
Issue (Month): 6 ()
Pages: 505-520

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Handle: RePEc:wly:hlthec:v:11:y:2002:i:6:p:505-520

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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/5749

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  8. Gloria J. Bazzoli, 1985. "The Early Retirement Decision: New Empirical Evidence on the Influence of Health," Journal of Human Resources, University of Wisconsin Press, vol. 20(2), pages 214-234.
  9. Gerard J. van den Berg & Maarten Lindeboom, 1998. "Attrition in Panel Survey Data and the Estimation of Multi-State Labor Market Models," Journal of Human Resources, University of Wisconsin Press, vol. 33(2), pages 458-478.
  10. Hausman, Jerry A & Wise, David A, 1979. "Attrition Bias in Experimental and Panel Data: The Gary Income Maintenance Experiment," Econometrica, Econometric Society, Econometric Society, vol. 47(2), pages 455-73, March.
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  1. The economics of bereavement
    by Chris Sampson in The Academic Health Economists' Blog on 2013-06-20 05:59:52
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