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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w12762 |
来源ID | Working Paper 12762 |
Cross-Cohort Differences in Health on the Verge of Retirement | |
Beth J. Soldo; Olivia S. Mitchell; Rania Tfaily; John F. McCabe | |
发表日期 | 2006-12-14 |
出版年 | 2006 |
语种 | 英语 |
摘要 | Baby Boomers have left a unique imprint on US culture and society in the last 60 years, and it might be anticipated that they will also put their own stamp on retirement, the last phase of the life cycle. Yet because Boomers have not all fully retired, we cannot yet judge how they will fare as retirees. Instead, we focus on how this group compares with prior groups on the verge of retirement, that is, at ages 51-56. Accordingly, this chapter evaluates the stock of health which Early Boomers bring to retirement and compare these to the circumstances of two prior cohorts at the same point in their life cycles. Using three sets of responses from the Health and Retirement Study, we find some interesting patterns. Overall, the raw evidence indicates that Boomers on the verge of retirement are in poorer health their counterparts 12 years ago. Using a summary health index designed for this study, we find that those born 1948 to 1953 share health risks with the War Baby cohort. This suggests that most of the health decline instead began before the late 1940's. A more complex set of health conclusions emerges from the specific self-reported health measures. Boomers indicate they have relatively more difficulty with a range of everyday physical tasks, but they also report having more pain, more chronic conditions, more drinking and psychiatric problems, than their HRS earlier counterparts. This trend portends poorly for the future health of Boomers as they age and incur increasing costs associated with health care and medications. Using our health index, only those at the 75th percentile or higher are likely to be characterized as having good or better health. |
主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w12762 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570424 |
推荐引用方式 GB/T 7714 | Beth J. Soldo,Olivia S. Mitchell,Rania Tfaily,et al. Cross-Cohort Differences in Health on the Verge of Retirement. 2006. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w12762.pdf(145KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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