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 toa nursing home, may affect the mental health status of the individual. Forexample, the individual may enter a prolonged depression. We investigatethis using unique longitudinal panel data that track labor market behavior,health status, and major life events, over time. To deal with endogenousaspects of these events we apply fixed effects estimation methods. We findsome strikingly large effects of certain events on the occurrence of depression. We show that the results are of importance for the design of healthcare and labor market policy towards the elderly. See publication in Health Economics , 2002, 11(6), 505-520.
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Bibliographic InfoPaper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 01-103/3.
Date of creation: 07 Nov 2001
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death; retirement; income loss; disease; depression; health indicators; widowhood; care; panel data; endogeneity; fixed effects;
Other versions of this item:
- 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).
- 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," CEPR Discussion Papers 3091, C.E.P.R. Discussion Papers.
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- I1 - Health, Education, and Welfare - - Health
This paper has been announced in the following NEP Reports:
- NEP-ALL-2002-02-10 (All new papers)
- NEP-HEA-2002-02-10 (Health Economics)
- NEP-MIC-2002-02-10 (Microeconomics)
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