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来源类型Working Paper
规范类型报告
DOI10.3386/w20114
来源IDWorking Paper 20114
Health, Disability Insurance and Retirement in Denmark
Paul Bingley; Nabanita Datta Gupta; Michael Jorgensen; Peder Pedersen
发表日期2014-05-08
出版年2014
语种英语
摘要There are large differences in labor force participation rates by health status. We examine to what extent these differences are determined by the provisions of Disability Insurance and other pension programs. Using administrative data for Denmark we find that those in worse health and with less schooling are more likely to receive DI. The gradient of DI participation across health quintiles is almost twice as steep as for schooling - moving from having no high school diploma to college completion. Using an option value model that accounts for different pathways to retirement, applied to a period spanning a major pension reform, we find that pension program incentives in general are important determinants of retirement age. Individuals in poor health and with low schooling are significantly more responsive to economic incentives than those who are in better health and with more schooling. Similar gradients in outcomes and behavior by health and schooling partially reflects the less educated having poorer health on average, but also that the less educated have worse job prospects and higher replacement rates due to a progressive formula for DI and other pension benefits.
主题Public Economics ; National Fiscal Issues ; Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging
URLhttps://www.nber.org/papers/w20114
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/577787
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GB/T 7714
Paul Bingley,Nabanita Datta Gupta,Michael Jorgensen,et al. Health, Disability Insurance and Retirement in Denmark. 2014.
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