SOE
Chow Institute
User Center
中
EN
About WISE
People
Committee of Academic Consultants
Faculty Directory
Staff Directory
Research
Publications
Working Papers
Facilities&Centers
Education
Overview
Undergraduate Programs
Graduate Programs
Study-Abroad MA Programs
Exchange Programs
Executive Education
News & Events
News
Announcements
Conferences
Seminars & Conferences
Job Openings
SOE
Chow Institute
User Center
中
EN
About WISE
Introduction to WISE
Contact Us
Map and Direction
People
Committee of Academic Consultants
Faculty Directory
Staff Directory
Research
Publications
Working Papers
Facilities&Centers
Education
Overview
Undergraduate Programs
Graduate Programs
Study-Abroad MA Programs
Exchange Programs
Executive Education
News & Events
News
Announcements
Conferences
Seminars & Conferences
Job Openings
Research
Home
->
Research
->
Working Papers
->
Content
Research
Publications
Working Papers
Facilities&Centers
Finance & Economics Experimental Lab
MOE Key Lab in Econometrics
Fujian Provincial Key Lab in Statistics
Center for Econometrics Research
Center for Financial Research
Center for Research in Labor Economics
Center for Macroeconomics Research
Center for Statistics Research
Center for Information Technology
SAS Center for Excellence in Econometrics
High-Speed Computing Cluster
Occupational Retirement and Pension Reform: The Roles of Physical and Cognitive Health
Id：2390
Date：20181204
Status：
ClickTimes：
作者
Jiayi Wen
正文
Despite increasing cognitive demands of jobs, knowledge about the role of health in retirement has centered on its physical dimensions. This paper estimates a dynamic programming model of retirement that incorporates multiple health dimensions, allowing differential effects on labor supply across occupations. Results show that the effect of cognitive health surges exponentially after age 65, and it explains a notable share of employment declines in cognitively demanding occupations. Under pension reforms, physical constraint mainly impedes manual workers from delaying retirement, whereas cognitive constraint dampens the response of clerical and professional workers. Multidimensional health thus unevenly exacerbates welfare losses across occupations.
JEL-Codes：
D15; I10; J2; J26; H55
关键词：
Cognitive Health; Physical Health; Occupation; Retirement; Public Pension
TOP
