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Does Working Longer Make People Healthier and Happier?

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  • Calvo, Esteban

Abstract

PURPOSE: This study addresses the impact of late-life paid work on physical and psychological well-being. METHODS: Longitudinal data was drawn from the Health and Retirement Survey and the RAND-HRS data base for more than 6,000 individuals aged 59 to 69 who were working or not-working in the year 2000 and were alive in 2002. Well-being was assessed by using a set of six measures including: self-rated health; self-rated memory; activities of daily living; instrumental activities of daily living and mood indicators. The study controls for previous well-being status in 1998 and for demographic and socioeconomic factors. RESULTS: Those who worked in 2000 tended to report greater well-being in 2002 than those who did not work in 2000, even after introducing rigorous controls (p

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 5606.

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Date of creation: 2006
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Handle: RePEc:pra:mprapa:5606

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Keywords: work; retirement; health; happiness; mortality; well-being; old age; policy; job satisfaction; control;

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  1. Nancy Morrow-Howell & Jim Hinterlong & Philip A. Rozario & Fengyan Tang, 2003. "Effects of Volunteering on the Well-Being of Older Adults," Journals of Gerontology: Series B, Gerontological Society of America, Gerontological Society of America, vol. 58(3), pages S137-S145.
  2. Kelly M. Everard & Helen W. Lach & Edwin B. Fisher & M. Carolyn Baum, 2000. "Relationship of Activity and Social Support to the Functional Health of Older Adults," Journals of Gerontology: Series B, Gerontological Society of America, Gerontological Society of America, vol. 55(4), pages S208-S212.
  3. Karl Kosloski & David Ekerdt & Stanley DeViney, 2001. "The Role of Job-Related Rewards in Retirement Planning," Journals of Gerontology: Series B, Gerontological Society of America, Gerontological Society of America, vol. 56(3), pages P160-P169.
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Cited by:
  1. Barbara A. Butrica & Karen E. Smith & C. Eugene Steuerle, 2006. "Working for a Good Retirement," Economics Working Paper Archive wp_463, Levy Economics Institute.
  2. Esteban Calvo & Kelly Haverstick & Steven A. Sass, 2007. "What Makes Retirees Happier: A Gradual or 'Cold Turkey' Retirement?," Working Papers, Center for Retirement Research at Boston College wp2007-18, Center for Retirement Research, revised Oct 2007.
  3. Alicia H. Munnell & Steven A. Sass, 2007. "The Labor Supply of Older Americans," Working Papers, Center for Retirement Research at Boston College wp2007-12, Center for Retirement Research, revised Jun 2007.
  4. Calvo, Esteban & Martorell, Bernardo, 2008. "La salud del adulto mayor en Chile: Una responsabilidad compartida por las personas, las empresas y el Estado
    [The health of older adults in Chile: a responsibility shared by individuals, companies
    ," MPRA Paper 48955, University Library of Munich, Germany.
  5. Maja Tadic & Wido Oerlemans & Arnold Bakker & Ruut Veenhoven, 2013. "Daily Activities and Happiness in Later Life: The Role of Work Status," Journal of Happiness Studies, Springer, Springer, vol. 14(5), pages 1507-1527, October.

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