An Econometric Analysis of the Mental-Health Effects of Major Events in the Life of Elderly Individuals
AbstractMajor events in the life of an elderly 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 labour market behaviour, 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 show that the results are of importance for the design of health care and labour market policy towards the elderly.
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Bibliographic InfoPaper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3091.
Date of creation: Dec 2001
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Other versions of this item:
- Maarten Lindeboom & France Portrait & Gerard J. van den Berg, 2001. "An Econometric Analysis of the Mental-health Effects of Major Events in the Life of Elderly Individuals," Tinbergen Institute Discussion Papers 01-103/3, Tinbergen Institute.
- Lindeboom, Maarten & Portrait, France & van den Berg, Gerard J., 2001. "An Econometric Analysis of the Mental-Health Effects of Major Events in the Life of Elderly Individuals," IZA Discussion Papers 398, Institute for the Study of Labor (IZA).
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
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