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 |
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Year: | 2011 - summer |
Leaders: | Filip Pertold |
Consultants: | |
Work type: | Economic Theory Masters |
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. |
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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 |