Work detail

Poor health and early exit from labour force: an analysis using data from Survey of Health, Aging and Retirement in Europe

Author: Mgr. Václav Hausenblas
Year: 2011 - summer
Leaders: Filip Pertold
Work type: Economic Theory
Language: English
Pages: 84
Awards and prizes: M.A. with distinction from the Dean of the Faculty of Social Sciences for an extraordinarily good masters diploma thesis.
Abstract: Health is considered to be one the main determinants of retirement decision.
A majority of empirical studies implements health using self-perceived health
status measures. According to the justification hypothesis such a method may
introduce a bias into estimation, and moreover, this bias may vary from country
to country. The aim of this thesis is to make use of a dataset rich in objective
measures of health from the second wave of Survey of Health, Ageing and
Retirement in Europe and to put side by side the estimates based on subjective
measures as well as IV estimates using more objective variables and thereby to
assess the magnitude of possible endogeneity and measurement error. It applies
these identification methods on the model of early exit from labour force and
discusses gender differences and specifics of given EU countries.
Downloadable: Diploma Thesis of Hausenblas


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