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 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 InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 398.
Length: 32 pages
Date of creation: Nov 2001
Date of revision:
Publication status: published in: Health Economics, 2002, 11 (6), 505-520
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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," CEPR Discussion Papers 3091, C.E.P.R. Discussion Papers.
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- I1 - Health, Education, and Welfare - - Health
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