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Financial Incentives, Health and Retirement in Spain

In: Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement

  • Pilar García-Gómez
  • Sergi Jiménez-Martín
  • Judit Vall Castelló

In this work we combine wage data from Social Security working histories and health information available in the Survey of Health and Retirement in Europe to explore the link between health, financial incentives and retirement in Spain. Our results show that individuals in worse health quintiles are, indeed, the more responsive to financial incentives as they prove to be less likely to retire when incentives to continue working increase.

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This item is provided by National Bureau of Economic Research, Inc in its series NBER Chapters with number 13332.
Handle: RePEc:nbr:nberch:13332
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  1. Jose Ignacio García Pérez & Sergi Jiménez Martín & Alfonso R. Sánchez Martín, 2010. "Retirement incentives, individual heterogeneity and labour transitions of employed and unemployed workers," Working Papers 2010-27, FEDEA.
  2. Judit Vall Castello, 2010. "Promoting Employment of Disabled Women in Spain; Evaluating a Policy," Working Papers 2010-10, FEDEA.
  3. Robert Fenge & Pierre Pestieau, 2005. "Social Security and Early Retirement," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262062496, June.
  4. Courtney Coile & Jonathan Gruber, 2007. "Future Social Security Entitlements and the Retirement Decision," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 234-246, May.
  5. Sergi Jimenez-Martin & Judit Castello, 2013. "Business cycle and spillover effects on pre-retirement behavior in Spain," IZA Journal of European Labor Studies, Springer, vol. 2(1), pages 1-23, December.
  6. Dorn, David & Sousa-Poza, Alfonso, 2007. "'Voluntary' and 'Involuntary' Early Retirement: An International Analysis," IZA Discussion Papers 2714, Institute for the Study of Labor (IZA).
  7. Jonathan Gruber & David A. Wise, 1999. "Social Security and Retirement around the World," NBER Books, National Bureau of Economic Research, Inc, number grub99-1.
  8. Michele Boldrin & Sergi Jimenez-Martni & Franco Peracchi, 1997. "Social Security and Retirement in Spain," NBER Working Papers 6136, National Bureau of Economic Research, Inc.
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