The DOI matches its Crossref record; 34 of the 36 references it cites were found in a registry or an index.
Ill health and retirement in Britain: A panel data-based analysis
Open accessAbstract
We examine the effect of ill health on retirement decisions in Britain, using the British Household Panel Survey (1991-1998). As self-reported health status is likely to be endogenous to the retirement decision, we instrument self-reported health by a constructed 'health stock' measure using a set of health indicator variables and personal characteristics, as suggested by Bound et al. (Bound, J., Schoenbaum, M., Stinebrickner, T.M., Waidmann, M., 1999. The dynamic effects of health on the labor force transitions of older workers. Labour Economics 6, 179-202). Using a range of econometric techniques, we show that adverse shocks to individual health stocks predict individual retirement behaviour among workers aged from 50 until state pension age. We compare responses of economic activity to constructed health measures with that arising using direct indicators of functional limitations and specific health problems. We also examine the dynamics of health shocks and whether adverse and positive health shocks have symmetric effects on transitions in and out of economic activity.
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“As has been demonstrated in a number of studies in the past (Disney et al. 2006; Haan and Myck 2009), health is confirmed to have a strong effect on the decision to leave employment, and higher wealth encourages individuals to retire earlier.”
From Living longer, working longer: the need for a comprehensive approach to labour market reform in response to demographic changes (2015) · cites this paper as Disney et al. 2006
In the citing paper
“As has been demonstrated in a number of studies in the past (Disney et al. 2006; Haan and Myck 2009), health is confirmed to have a strong effect on the decision to leave employment, and higher wealth encourages individuals to retire earlier.”
From Living longer, working longer: the need for a comprehensive approach to labour market reform in response to demographic changes (2015) · cites this paper as Disney et al. 2006
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Metadata
- Authors
- Disney, R., Emmerson, C., & Wakefield, M.
- Affiliations
- Institute for Fiscal Studies (GB)
- Corresponding author
- Disney, Richard
- Venue
- Journal of Health Economics
- Publisher
- Elsevier BV
- Published
- 2006-07
- Volume
- 25
- Issue
- 4
- Pages
- 621-649
- ISSN
- 0167-6296 (ISSN-L)
- OpenAlex
- W2099575156
- Cited by
- 355
- References
- 36
- Citations by year
- 2026: 10 · 2025: 5 · 2024: 16 · 2023: 14 · 2022: 12 · 2021: 15 · 2020: 12 · 2019: 17 · 2018: 17 · 2017: 14 · 2016: 18 · 2015: 24 · 2014: 17 · 2013: 22 · 2012: 16
- FWCI
- 61.46
- Type
- journal article
- Language
- en
- Open access
- green
- discovery.ucl.ac.uk
- Locations
- Journal of Health Economics (publishedVersion)
- PubMed (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- UCL Discovery (University College London) (submittedVersion)
- OpenGrey (Institut de l'Information Scientifique et Technique) (submittedVersion)
- Funders
- University of Essex
- Nuffield Foundation
- Economic and Social Research Council (RES-544-28-5001)
- Topics
- Social Sciences › Demography › Retirement, Disability, and Employment
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Literacy, Pension, Retirement Analysis
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Labor market dynamics and wage inequality
- Keywords
- retirement, health problems, health shocks, self-reported health, older workers, labor force transitions, functional limitations, British Household Panel Survey
- MeSH terms
- Aged, Female, United Kingdom, Health Status, Humans, Male, Middle Aged, Retirement, Databases as Topic
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