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An Econometric Analysis of the Mental-Health Effects of Major Events in the Life of Elderly Individuals

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

Abstract

Major 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 Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3091.

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Date of creation: Dec 2001
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Handle: RePEc:cpr:ceprdp:3091

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Related research

Keywords: care; death; depression; disease; endogeneity; fixed effects; health indicators; income loss; panel data; retirement; widowhood;

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Cited by:
  1. Axel Börsch-Supan & Hendrik Jürges, 2006. "Early Retirement, Social Security and Well-Being in Germany," NBER Working Papers 12303, National Bureau of Economic Research, Inc.
  2. Ana Llena-Nozal & Maarten Lindeboom & France Portrait, 2005. "The effect of work on mental health: Does occupation Matter?," Labor and Demography 0501011, EconWPA.
  3. Schettkat, Ronald & Yocarini, Lara, 2001. "Education Driving the Rise in Dutch Female Employment: Explanations for the Increase in Part-time Work and Female Employment in the Netherlands, Contrasted with Germany," IZA Discussion Papers 407, Institute for the Study of Labor (IZA).

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