Health Capacity to Work at Older Ages: Evidence from Japan / Emiko Usui, Satoshi Shimizutani, Takashi Oshio.

Format:

Book

Author/Creator:

Usui, Emiko.

Contributor:

National Bureau of Economic Research.

Shimizutani, Satoshi.

Oshio, Takashi.

Series:

Working Paper Series (National Bureau of Economic Research) no. w21971.

NBER working paper series no. w21971

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2016.

Summary:

This paper explores the extent to which older Japanese can potentially expand the labor supply, based on two analytic approaches: the Milligan-Wise and Cutler et al. methods. First, we examine how much older individuals could work if they worked as much as those with the same mortality rate in the past (the Milligan-Wise method). Second, we estimate how much older individuals could work if they worked as much as younger ones in similar health (the Cutler et al. method). Results from both of these methods underscore a large work capacity in old age in Japan. We further investigate differences in health capacity across education groups and find that highly educated individuals tend to have more capacity to work after they are 65 years of age.

Notes:

Print version record

February 2016.