The degree to which retirement decisions are driven by health is a key concern for both
academics and policy makers. In this review, we survey the economic literature on the health …

This paper presents a theoretical and empirical analysis of the role of life expectancy for
optimal schooling and lifetime labor supply. The results of a simple prototype Ben‐Porath …

The positive cross-country correlation between health and economic growth is well-
established, but the underlying mechanisms are complex and difficult to discern. Three …

This paper examines the pattern and prospects of labor force participation of older persons
in developing Asia. We review relevant literature and conduct a detailed analysis of …

We develop an optimizing life‐cycle model of retirement with perfect capital markets. We
show that longer healthy life expectancy usually leads to later retirement, but with an …

The strong observable correlation between health and economic growth is crucial for
economic development and sustained well-being, but the underlying causality and …

We examine within a life-cycle model the simultaneous choice of health care and retirement
(together with consumption). Health tends to have an impact on retirement through …

Objectives The balance between the amount of time spent in work and in retirement
underlies the long-term sustainability of the social security system. We examined …

This paper presents an analysis of the differential role of mortality for the optimal schooling
and retirement age when the accumulation of human capital follows the so-called “Ben …

This paper takes a global, long-run perspective on the recent debate about secular
stagnation, which has so far mainly focused on the short term. The analysis is motivated by …