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The Early Retirement Decision: New Empirical Evidence on the Influence of Health

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  • Gloria J. Bazzoli

Abstract

Many studies have examined the influence of health on retirement, but there may be problems with the various health measures used. A major criticism of the most frequently used variables is that they may reflect ex post rationalizations of retirement. In this paper I examine a variety of health variables, focusing directly on the health measurement issue as it relates to retirement research. New measures of health are developed with individual self-evaluations of health status. Unlike most previous findings, the empirical results suggest that economic variables play a more important role than health in retirement decisions.

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  • Gloria J. Bazzoli, 1985. "The Early Retirement Decision: New Empirical Evidence on the Influence of Health," Journal of Human Resources, University of Wisconsin Press, vol. 20(2), pages 214-234.
  • Handle: RePEc:uwp:jhriss:v:20:y:1985:i:2:p:214-234
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