Widening Health Gap in the U.S. Labor Force Participation at Older Ages

Javier Fernandez Blanco; Virginia Sanchez Marcos; Tomaz Cajner

Widening Health Gap in the U.S. Labor Force Participation at Older Ages

Javier Fernandez Blanco, Virginia Sanchez Marcos, Tomaz Cajner

Research output: Working paper

Abstract

Using micro data from the CPS and the HRS, we document changes in labor force partic-ipation at older ages in the U.S. since the mid 1990s. Our main finding is that the overtwo-decade increase in participation is solely driven by individuals in good health, anddoes not differ across either educational or occupational groups. This phenomenon mayimportantly affect the results of social security reforms aiming at rising the mandatory re-tirement age, and may exacerbate the health gap in lifetime earnings.

Original language	English
Publication status	Unpublished - 16 Nov 2021

Publication series

Name	Barcelona SE Working Paper
No.	1298

Keywords

Labor force participation
Old ages
Health

Análisis del Mercado de Trabajo: Educación, Migración y Política Económica
Caballé, J., Gambetti , L., Creel , M. D., Groeger, A., Llull Cabrer, J., Obiols, F., Panadès Martí, J., Sorolla Amat, V., Arespa Castelló, M. & Pieroni ., V.
1/01/19 → 30/09/22
Project: Research Projects and Other Grants

Cite this

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title = "Widening Health Gap in the U.S. Labor Force Participation at Older Ages",

abstract = "Using micro data from the CPS and the HRS, we document changes in labor force partic-ipation at older ages in the U.S. since the mid 1990s. Our main finding is that the overtwo-decade increase in participation is solely driven by individuals in good health, anddoes not differ across either educational or occupational groups. This phenomenon mayimportantly affect the results of social security reforms aiming at rising the mandatory re-tirement age, and may exacerbate the health gap in lifetime earnings.",

keywords = "Labor force participation, Old ages, Health",

author = "{Fernandez Blanco}, Javier and {Sanchez Marcos}, Virginia and Tomaz Cajner",

note = "Fern{\'a}ndez-Blanco acknowledges financial support from the Spanish Government under Grant No. PGC2018-094364-B-I00, from the Generalitat de Catalunya through Grant 2017-SGR1765, and from the Spanish Agencia Estatal de Investigaci{\'o}n (AEI) through the Severo Ochoa Programme for Centres of Excellence in R&D (Barcelona School of Economics CEX2019-000915-S). S{\'a}nchez-Marcos acknowledges financial support from the Spanish Government under Grant No. PID2019-108087RB-I00.",

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day = "16",

language = "English",

series = "Barcelona SE Working Paper",

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AU - Fernandez Blanco, Javier

AU - Sanchez Marcos, Virginia

AU - Cajner, Tomaz

N1 - Fernández-Blanco acknowledges financial support from the Spanish Government under Grant No. PGC2018-094364-B-I00, from the Generalitat de Catalunya through Grant 2017-SGR1765, and from the Spanish Agencia Estatal de Investigación (AEI) through the Severo Ochoa Programme for Centres of Excellence in R&D (Barcelona School of Economics CEX2019-000915-S). Sánchez-Marcos acknowledges financial support from the Spanish Government under Grant No. PID2019-108087RB-I00.

PY - 2021/11/16

Y1 - 2021/11/16

N2 - Using micro data from the CPS and the HRS, we document changes in labor force partic-ipation at older ages in the U.S. since the mid 1990s. Our main finding is that the overtwo-decade increase in participation is solely driven by individuals in good health, anddoes not differ across either educational or occupational groups. This phenomenon mayimportantly affect the results of social security reforms aiming at rising the mandatory re-tirement age, and may exacerbate the health gap in lifetime earnings.

AB - Using micro data from the CPS and the HRS, we document changes in labor force partic-ipation at older ages in the U.S. since the mid 1990s. Our main finding is that the overtwo-decade increase in participation is solely driven by individuals in good health, anddoes not differ across either educational or occupational groups. This phenomenon mayimportantly affect the results of social security reforms aiming at rising the mandatory re-tirement age, and may exacerbate the health gap in lifetime earnings.

KW - Labor force participation

KW - Old ages

KW - Health

M3 - Working paper

T3 - Barcelona SE Working Paper

BT - Widening Health Gap in the U.S. Labor Force Participation at Older Ages

ER -

Widening Health Gap in the U.S. Labor Force Participation at Older Ages

Abstract

Publication series

Keywords

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Projects

Análisis del Mercado de Trabajo: Educación, Migración y Política Económica

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