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Life expectancy and labor supply of the elderly

Author

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  • Rosa Aísa
  • Fernando Pueyo

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  • Marcos Sanso

Abstract

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Suggested Citation

  • Rosa Aísa & Fernando Pueyo & Marcos Sanso, 2012. "Life expectancy and labor supply of the elderly," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(2), pages 545-568, January.
  • Handle: RePEc:spr:jopoec:v:25:y:2012:i:2:p:545-568
    DOI: 10.1007/s00148-011-0369-5
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    References listed on IDEAS

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    1. Pedro Cavalcanti Ferreira & Samuel de Abreu Pessoa, 2007. "The Effects of Longevity and Distortions on Education and Retirement," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 10(3), pages 472-493, July.
    2. Gustman, Alan L & Steinmeier, Thomas L, 1986. "A Structural Retirement Model," Econometrica, Econometric Society, vol. 54(3), pages 555-584, May.
    3. Richard W. Johnson & Gordon B.T. Mermin & Dan Murphy, 2007. "The Impact of Late-Career Health and Employment Shocks on Social Security and Other Wealth," Working Papers, Center for Retirement Research at Boston College wp2007-26, Center for Retirement Research, revised Dec 2007.
    4. Sarah Smith, 2006. "The Retirement-Consumption Puzzle and Involuntary Early Retirement: Evidence from the British Household Panel Survey," Economic Journal, Royal Economic Society, vol. 116(510), pages 130-148, March.
    5. Fougère, Maxime & Harvey, Simon & Mercenier, Jean & Mérette, Marcel, 2009. "Population ageing, time allocation and human capital: A general equilibrium analysis for Canada," Economic Modelling, Elsevier, vol. 26(1), pages 30-39, January.
    6. Kathleen McGarry, 2004. "Health and Retirement: Do Changes in Health Affect Retirement Expectations?," Journal of Human Resources, University of Wisconsin Press, vol. 39(3).
    7. John Rust & Christopher Phelan, 1997. "How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets," Econometrica, Econometric Society, vol. 65(4), pages 781-832, July.
    8. repec:crr:crrwps:2001-04 is not listed on IDEAS
    9. Tammy Schirle, 2008. "Why Have the Labor Force Participation Rates of Older Men Increased since the Mid-1990s?," Journal of Labor Economics, University of Chicago Press, vol. 26(4), pages 549-594, October.
    10. Kiminori Matsuyama, 2008. "A One-Sector Neoclassical Growth Model With Endogenous Retirement," The Japanese Economic Review, Japanese Economic Association, vol. 59(2), pages 139-155.
    11. Sebnem Kalemli-Ozcan & David Weil, 2010. "Mortality change, the uncertainty effect, and retirement," Journal of Economic Growth, Springer, vol. 15(1), pages 65-91, March.
    12. Bloom, David E. & Canning, David & Mansfield, Richard K. & Moore, Michael, 2007. "Demographic change, social security systems, and savings," Journal of Monetary Economics, Elsevier, vol. 54(1), pages 92-114, January.
    13. Jonathan Gruber & David A. Wise, 1999. "Introduction to "Social Security and Retirement around the World"," NBER Chapters,in: Social Security and Retirement around the World, pages 1-35 National Bureau of Economic Research, Inc.
    14. Krueger, Alan B & Pischke, Jorn-Steffen, 1992. "The Effect of Social Security on Labor Supply: A Cohort Analysis of the Notch Generation," Journal of Labor Economics, University of Chicago Press, vol. 10(4), pages 412-437, October.
    15. Romain Duval, 2003. "The Retirement Effects of Old-Age Pension and Early Retirement Schemes in OECD Countries," OECD Economics Department Working Papers 370, OECD Publishing.
    16. Li, Hongbin & Zhang, Jie & Zhang, Junsen, 2007. "Effects of longevity and dependency rates on saving and growth: Evidence from a panel of cross countries," Journal of Development Economics, Elsevier, vol. 84(1), pages 138-154, September.
    17. Reinhart, Vincent Raymond, 1999. "Death and taxes: their implications for endogenous growth," Economics Letters, Elsevier, vol. 62(3), pages 339-345, March.
    18. Blanchard, Olivier J, 1985. "Debt, Deficits, and Finite Horizons," Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 223-247, April.
    19. Adriaan Kalwij & Frederic Vermeulen, 2008. "Health and labour force participation of older people in Europe: What do objective health indicators add to the analysis?," Health Economics, John Wiley & Sons, Ltd., vol. 17(5), pages 619-638.
    20. David Blake & Les Mayhew, 2006. "On The Sustainability of the UK State Pension System in the Light of Population Ageing and Declining Fertility," Economic Journal, Royal Economic Society, vol. 116(512), pages 286-305, June.
    21. Jonathan Gruber & David A. Wise, 1999. "Social Security and Retirement around the World," NBER Books, National Bureau of Economic Research, Inc, number grub99-1, June.
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    Citations

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    Cited by:

    1. Anthony Strittmatter & Uwe Sunde, 2013. "Health and economic development—evidence from the introduction of public health care," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1549-1584, October.
    2. Cipriani, Giam Pietro & Pascucci, Francesco, 2018. "Pension Policies in a Model with Endogenous Fertility," IZA Discussion Papers 11511, Institute for the Study of Labor (IZA).
    3. Miyake, Yusuke & Yasuoka, Masaya, 2016. "Subsidy Policy and Elderly Labor," MPRA Paper 75704, University Library of Munich, Germany.
    4. Miyazaki, Koichi, 2014. "Optimal pay-as-you-go social security when retirement is endogenous and labor productivity depreciates," MPRA Paper 61166, University Library of Munich, Germany.
    5. Aisa, Rosa & Larramona, Gemma & Pueyo, Fernando, 2013. "Preventive health and active ageing: the elderly are not a burden," MPRA Paper 52955, University Library of Munich, Germany.
    6. Brian K. Chen & Hawre Jalal & Hideki Hashimoto & Sze-Chuan Suen & Karen Eggleston & Michael Hurley & Lena Schoemaker & Jay Bhattacharya, 2016. "Forecasting Trends in Disability in a Super-Aging Society: Adapting the Future Elderly Model to Japan," NBER Working Papers 21870, National Bureau of Economic Research, Inc.
    7. Zou, Tieding, 2017. "延迟退休的制约因素、政策效果与动态研究方法评价
      [Restriction, Policy Effect and Dynamic Research Method to Delay Retirement]
      ," MPRA Paper 85556, University Library of Munich, Germany, revised 30 Jan 2018.
    8. Edle von Gaessler, Anne & Ziesemer, Thomas, 2017. "Ageing, human capital and demographic dividends with endogenous growth, labour supply and foreign capital," MERIT Working Papers 043, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    9. Mizuno, Masakatsu & Yakita, Akira, 2013. "Elderly labor supply and fertility decisions in aging-population economies," Economics Letters, Elsevier, vol. 121(3), pages 395-399.
    10. Hirazawa, Makoto & Yakita, Akira, 2017. "Labor supply of elderly people, fertility, and economic development," Journal of Macroeconomics, Elsevier, vol. 51(C), pages 75-96.
    11. Jena Parameswari Summoogum & Benjamin Chan Yin Fah, 2016. "A Comparative Study Analysing the Demographic and Economic Factors Affecting Life Expectancy among Developed and Developing Countries in Asia," Asian Development Policy Review, Asian Economic and Social Society, vol. 4(4), pages 100-110, December.
    12. Aisa, Rosa & Larramona, Gemma & Pueyo, Fernando, 2015. "Active aging, preventive health and dependency: Heterogeneous workers, differential behavior," Journal of Economic Behavior & Organization, Elsevier, vol. 117(C), pages 1-9.
    13. Cipriani, Giam Pietro, 2016. "Aging, Retirement and Pay-As-You-Go Pensions," IZA Discussion Papers 9969, Institute for the Study of Labor (IZA).
    14. Luca Gori & Mauro Sodini, 2011. "Nonlinear Dynamics in an OLG Growth Model with Young and Old Age Labour Supply: The Role of Public Health Expenditure," Computational Economics, Springer;Society for Computational Economics, vol. 38(3), pages 261-275, October.
    15. Yoshitaka Koda & Manachaya Uruyos, 2015. "Altruism and four shades of family relationships," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 5(2), pages 345-365, December.
    16. Watanabe, Minoru & Yasuoka, Masaya, 2017. "Elderly Labor and Unemployment," MPRA Paper 82669, University Library of Munich, Germany.
    17. Yuanyuan Deng & Hugo Benítez-Silva, 2015. "Medicare Expenditures, Social Security Reform, and the Labor Force Participation of Older Americans," Working Papers wp330, University of Michigan, Michigan Retirement Research Center.

    More about this item

    Keywords

    Retirement; Labor supply of the elderly; Longevity; J14; J22; J26;

    JEL classification:

    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

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