Download or read book The Dynamic Effects of Health on the Labor Force Transitions of Older Workers written by John Bound and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper addresses the interplay between health and labor market behavior in the later part of the working life. We use the longitudinal Health and Retirement Survey to analyze the dynamic relationship between health and alternative labor force transitions, including labor force exit, job change and application for disability insurance. Specifically, we examine how the timing of health shocks affects labor force behavior. Controlling for lagged values of health, poor contemporaneous health is strongly associated with labor force exit in general and with application for disability insurance in particular. At the same time, our evidence suggests that controlling for contemporaneous health, poor lagged health is associated with continued participation. Thus, it appears that not just poor health, but declines in health help explain retirement behavior. We conclude that modeling health in a dynamic, longitudinal framework offers important new insights into the effects of poor health on the labor force behavior of older workers.
Download or read book The dynamic effects on health on the labor force transitions of older workers written by John Bound and published by . This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dynamic Effects of Health on the Employment of Older Workers written by Richard W. Blundell and published by . This book was released on 2016 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using data from the Health and Retirement Study (HRS) and the English Longitudinal Study of Ageing (ELSA), we estimate a dynamic model of health and employment. We estimate how transitory and persistent health shocks affect employment over time. In a first step, we formulate and estimate a dynamic model of health. The procedure accounts for measurement error and the possibility that people might justify their employment status by reporting bad health. We find that health is well represented by the sum of a transitory white noise process and a persistent AR(1) process. Next, we use the method of simulated moments to estimate the employment response to these shocks. We find that persistent shocks have much bigger effects on employment than transitory shocks, and that these persistent shocks are long lived. For this reason employment is strongly correlated with lagged health, a fact that the usual cross-sectional estimates do not account for. We also show that accounting for the dynamics of health and employment leads to larger estimates of health's effects on employment than what simple OLS estimates of health on employment would imply. We argue that the dynamic effect of health on employment could be generated by a model with human capital accumulation, where negative health shocks slowly reduce the human capital stock, and thus, gradually cause people to exit the labor market.
Download or read book Ill Health and Transitions to Part Time Work and Self Employment Among Older Workers written by Eugenio Zucchelli and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper employs a dynamic multinomial choice framework to provide new evidence on the effect of health on labour market transitions among older individuals. We consider retirement as a multi-state process and examine the effects of ill-health and health shocks on mobility between full-time employment, part-time employment, self-employment and inactivity. In order to disentangle the roles of unobserved individual heterogeneity and true state dependence, we estimate dynamic panel multinomial logit models with random effects, assuming a first order Markov process and accounting for the initial conditions problem. We also account for potential measurement error in the self-assessed health status by building a latent health stock model and employing measures of health shocks. Using data from the first nine waves of the (2001-2009) Household, Income and Labour Dynamics in Australia (HILDA) Survey, we find that both ill-health and health shocks greatly increase the probability of leaving full-time employment towards inactivity. We also find evidence of health-driven part-time and self-employment paths into inactivity.
Download or read book A Sequential Model for Older Workers Labor Transitions After a Health Shock written by Sergi Jimenez-Martin and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this work we study older workers' (50ð•…¤) labor force transitions after a health/disability shock. We find that the probability of keeping working decreases with both age and severity of the shock. Moreover, we find strong interactions between age and severity in the 50ð•…¤ age range and none in the 30-49 age range. Regarding demographics we find that being female and married reduce the probability of keeping work. On the contrary, being main breadwinner, education and skill levels increase it. Interestingly, the effect of some demographics changes its sign when we look at transitions from inactivity to work. This is the case of being married or having a working spouse. Undoubtedly, leisure complementarities should play a role in the latter case. Since the data we use contains a very detailed information on disabilities, we are able to evaluate the marginal effect of each type of disability either in the probability of keeping working or in returning back to work. Some of these results may have strong policy implications.
Download or read book Employment related Problems of Older Workers written by Harold L. Sheppard and published by . This book was released on 1979 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Health and Safety Needs of Older Workers written by Institute of Medicine and published by National Academies Press. This book was released on 2004-02-26 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mirroring a worldwide phenomenon in industrialized nations, the U.S. is experiencing a change in its demographic structure known as population aging. Concern about the aging population tends to focus on the adequacy of Medicare and Social Security, retirement of older Americans, and the need to identify policies, programs, and strategies that address the health and safety needs of older workers. Older workers differ from their younger counterparts in a variety of physical, psychological, and social factors. Evaluating the extent, causes, and effects of these factors and improving the research and data systems necessary to address the health and safety needs of older workers may significantly impact both their ability to remain in the workforce and their well being in retirement. Health and Safety Needs of Older Workers provides an image of what is currently known about the health and safety needs of older workers and the research needed to encourage social polices that guarantee older workers a meaningful share of the nation's work opportunities.
Download or read book Labor Force Transitions of Older Workers written by Franco Peracchi and published by . This book was released on 1992 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Dynamic Models of Health and Labor Supply in Later Life written by and published by . This book was released on 2015 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: In these essays, I develop and estimate life-cycle models aimed at explaining various patterns in labor supply behavior at older ages. The first study measures the extent to which later-life differences in health and disability risks across occupations affect retirement behavior and how these risks influence initial career choice. In the second essay, I look at the degree to which the changing composition of occupations over time---from more to less physically demanding---has contributed to the increase in labor force participation at older ages. The final study examines the effects of wage and health transition processes as well as the role of accrued work-related strain on the labor force participation decisions of older males, aimed particularly at accounting for the high rates of "reverse retirement" seen in the data.
Download or read book Du Mont de Soumagne Family Chart written by and published by . This book was released on with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book As the Workforce Ages written by Olivia S. Mitchell and published by . This book was released on 1993 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises papers presented at a 1991 conference. Contains projections to the year 2065. Focuses on industrialized countries and the United States in particular.
Download or read book The Older Worker and the Changing Labor Market written by Judith G Gonyea and published by Routledge. This book was released on 2013-09-13 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the country’s workforce ages, the changing labor market must address unique challenges as well as surprising opportunities. This book presents leading scholars and researchers providing valuable insights into the challenges facing older workers in the contemporary workplace as well as offering perspectives on the demands presently being placed on employers to adapt to and accommodate the needs of these workers. The book focuses on the analysis of current trends in older workers, work, family, and personal life issues, and ways to transform today’s workplace to value older workers. This book offers practitioners the opportunity to fully grasp the current situation for older workers by presenting the latest research. This helpful resource provides professionals with best practices and innovative approaches to support aging employees. The volume is extensively referenced and contains several tables to clearly present data. It is a valuable text for employers, human resources professionals, employee assistance programs, work/family professionals, gerontologists and aging studies professionals, educators, and students. This book was published as a special issue of the Journal of Workplace Behavioral Health.
Download or read book Health Status and Labor Force Activity of Older Workers written by Hirsch S. Ruchlin and published by . This book was released on 1990 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Health Longevity and Labor Force Behavior Among Older Workers written by Michael Leon Schoenbaum and published by . This book was released on 1995 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ageing Labour Forces written by Philip Taylor and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Philip Taylor has produced an important and excellent edited collection on a topic of immediate and ongoing relevance. . . The case studies presented in this collection are highly accessible and rich in detail, and provide comprehensive and interesting analyses of ageing labour forces. The book challenges myths and oft-accepted statements made by policy-makers and other commentators about population ageing, older workers position in the labour market and in workplaces, and social supports for this segment of the labour force. In addition, the volume demonstrates the strength of the case study methodology in helping us to better understand social structures and relations. Of particular value is that the contributions are from researchers from varied disciplines across advanced industrialized countries. . . this collection is highly valuable for policy-makers, employers, unionists, and academics, and should not be ignored. Vivian Shalla, Labour/LeTravail This book makes an important contribution to the policy debate about age and the workforce, and will be valuable both to academic researchers interested in the labour market and ageing policy, and to policymakers who wish to understand the diversity of national approaches to a shared agenda. . . This book sheds new light on the differences between countries approaches to the common policy issues, and highlights some of the issues which policy needs to address. Taylor s overarching argument that we should be cautious about making over-positive assumptions about the benefits of extending working life is timely. Stephen McNair, Ageing and Society The book is extremely valuable for policy makers, labour market and welfare (pensions) experts and the social partners, because it contains a comprehensive analysis of the legal, institutional, welfare and employment policy developments over the past few decades in the eight countries. It offers policy guidance and examples of good practices for dealing with an ageing workforce, but also showing the adverse effects of well-intentioned policies and legislation. Hedva Sarfati, Relations Industrielles/Industrial Relations Ageing Labour Forces is a provocative work, which will appeal to academics and researches interested in work, ageing and public policy, as well as labour economics. SirReadaLot.org This provocative book considers the changing status of older workers, the evolution of public policy on age and work and the behaviour of employers. It attempts to answer the critical question: in an ageing society, can older workers look forward to the prospect of longer working lives with choice and security and make successful transitions to retirement? Ageing Labour Forces challenges the current stance of many governments and observers concerning policies to extend working lives. It utilises perspectives and case studies from public policy, employment policy and the attitudes and behaviour of older people. Philip Taylor argues that older workers have been at the forefront of industrialized society's efforts to respond to the crisis facing social welfare systems and the economic threats associated with population ageing. Their involvement has forced the restructuring of economies, adjustments to social welfare systems as well as redefinitions to the actual concept of old age. Containing contributions from leading researchers in a number of countries, this work will appeal to academics and researchers interested in work, ageing and public policy as well as labour economics.
Download or read book Transitions Among States of Labor Force Participation in the Old Age written by Leah Achdut and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the labor-force behavior of Israelis at older ages, focusing on the determinants of the transitions between states of labor-force participation between 2005 and 2010. The study uses panel data from the first two waves of the SHARE-Israel longitudinal survey. A multinomial logit model is used to examine the impact of sociodemographic characteristics, health state, and economic resources on labor-force transitions of people aged 50-67. The results emphasize the role of age and poor health in ''pushing'' older people out of the labor force or ''keeping'' them there. Spouse's participation is found to encourage individuals to leave the labor force or to refrain from joining it. However, living with a participating spouse is negatively associated with staying out of the labor force, consistent with the dominance of the complementarity of leisure effect found in the literature. Wealth as an economic resource available to individuals for retirement is also found to encourage individuals to leave the labor force or to refrain from joining it.
Download or read book Extending Work Life written by Robert Clark and published by W.E. Upjohn Institute. This book was released on 2017-02-28 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aging men and women are increasingly remaining in the labor force. Most often the reason for this is that they need to work additional years in order to be able to support an increasing number of years in retirement. This leaves employers scrambling for ways to adapt to a growing number of retirement-aged workers. Clark and Morrill provide a thorough assessment of the costs and benefits of accommodating later retirement ages, and they describe options employers may use to create some new form of employment contract with aging workers. The most prominent issues employers with aging workers face are declining productivity, rising labor and benefits costs, and a suboptimal age distribution of their workforces. According to the authors, employers could respond to these issues by finding new ways to accommodate older workers with, for instance, phased retirement and return-to-work policies. But the success of such policies also depends on tax policies and whether government-provided retirement benefits could be redesigned to play a role in a newly-defined employment relationship.
