97 lines
3.1 KiB
YAML
97 lines
3.1 KiB
YAML
abstract: 'We investigate the consequences of experiencing an acute health shock,
|
|
|
|
namely the first onset of myocardial infarction, stroke or cancer, on
|
|
|
|
the labour supply of older workers in Europe. Despite its policy
|
|
|
|
relevance to social security sustainability, the question has not yet
|
|
|
|
been empirically addressed in the European context We combine data from
|
|
|
|
the English Longitudinal Study of Ageing and the Survey of Health,
|
|
|
|
Ageing and Retirement in Europe and cover sixteen European countries,
|
|
|
|
representative of different institutional settings, in the years
|
|
|
|
spanning from 2002 to 2013. The empirical strategy builds on the
|
|
|
|
availability of an extremely rich set of health and labour market
|
|
|
|
information as well as of panel data. To remove the potential
|
|
|
|
confounding bias, a selection on observables strategy is adopted, while
|
|
|
|
the longitudinal dimension of data allows controlling for time invariant
|
|
|
|
unobservables. Implementation is based on a combination of
|
|
|
|
stratification and propensity score matching methods. Results reveal
|
|
|
|
that experiencing an acute health shock on average doubles the risk of
|
|
|
|
an older worker leaving the labour market, and is accompanied by a
|
|
|
|
deterioration in physical functioning and mental health, as well as by a
|
|
|
|
reduction in perceived life expectancy. Men''s labour market response
|
|
|
|
appears driven by the onset of impairment acting as a barrier to work.
|
|
|
|
In the case of women, preferences for leisure and financial constraints
|
|
|
|
seem to play a prominent role. Heterogeneity in behavioural responses
|
|
|
|
across countries - with the largest labour supply reductions observed in
|
|
|
|
the Nordic and Eastern countries, and England - are suggestive of a
|
|
|
|
relevant role played by social security generosity. (C) 2016 Elsevier
|
|
|
|
B.V. All rights reserved.'
|
|
affiliation: 'Zantomio, F (Corresponding Author), Ca Foscari Univ Venice, Dept Econ,
|
|
San Giobbe 873, I-30121 Venice, Italy.
|
|
|
|
Trevisan, Elisabetta, Univ Padua, Dept Econ \& Management, I-35100 Padua, Italy.
|
|
|
|
Trevisan, Elisabetta, Netspar, Tilburg, Netherlands.
|
|
|
|
Zantomio, Francesca, Ca Foscari Univ Venice, Dept Econ, San Giobbe 873, I-30121
|
|
Venice, Italy.'
|
|
author: Trevisan, Elisabetta and Zantomio, Francesca
|
|
author-email: francesca.zantomio@unive.it
|
|
author_list:
|
|
- family: Trevisan
|
|
given: Elisabetta
|
|
- family: Zantomio
|
|
given: Francesca
|
|
da: '2023-09-28'
|
|
doi: 10.1016/j.labeco.2016.04.002
|
|
eissn: 1879-1034
|
|
files: []
|
|
issn: 0927-5371
|
|
journal: LABOUR ECONOMICS
|
|
keywords: 'Health shocks; Labour supply; Europe; Older workers; Propensity score
|
|
|
|
matching'
|
|
keywords-plus: 'LONG-TERM; EARLY RETIREMENT; BREAST-CANCER; JOB MOBILITY; EMPLOYMENT;
|
|
|
|
INSURANCE; INCOME; LIFE; EPIDEMIOLOGY; PREDICTORS'
|
|
language: English
|
|
month: DEC
|
|
number: SI
|
|
number-of-cited-references: '84'
|
|
pages: 171-185
|
|
papis_id: 7a35ca7edeba01cdb724e70a115685b5
|
|
ref: Trevisan2016impactacute
|
|
times-cited: '39'
|
|
title: 'The impact of acute health shocks on the labour supply of older workers: Evidence
|
|
from sixteen European countries'
|
|
type: Article
|
|
unique-id: WOS:000390504600013
|
|
usage-count-last-180-days: '4'
|
|
usage-count-since-2013: '24'
|
|
volume: '43'
|
|
web-of-science-categories: Economics
|
|
year: '2016'
|