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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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Author Info

  • Lindeboom, Maarten

    ()
    (VU University Amsterdam)

  • Portrait, France

    ()
    (VU University Amsterdam)

  • van den Berg, Gerard J.

    ()
    (University of Mannheim)

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 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 show that the results are of importance for the design of health care and labor market policy towards the elderly.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 398.

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Length: 32 pages
Date of creation: Nov 2001
Date of revision:
Publication status: published in: Health Economics, 2002, 11 (6), 505-520
Handle: RePEc:iza:izadps:dp398

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Related research

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

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Cited by:
  1. Ana Llena-Nozal & Maarten Lindeboom & France Portrait, 2004. "The effect of work on mental health: does occupation matter?," Health Economics, John Wiley & Sons, Ltd., vol. 13(10), pages 1045-1062.
  2. Axel Börsch-Supan & Hendrik Jürges, 2009. "Early Retirement, Social Security and Well-Being in Germany," NBER Chapters, in: Developments in the Economics of Aging, pages 173-199 National Bureau of Economic Research, Inc.
  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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