Wealth Makes Health

While life expectancy is increasing overall, it hasn’t gone up evenly across all wealth groups: Richer people are living longer, but generally poorer people are not.[1] As income inequality grows, it is possible that mortality gaps will widen as well.…

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The Dynamic Effects of Health on the Employment of Older Workers: Impacts by Gender, Education and Race

We will estimate the long run impacts of health on employment by gender, education, and race in the United States and United Kingdom. Our structural framework allows us to disentangle employment drivers such as preferences, productivity, and benefit eligibility. We…

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Risk of Large Medical Expenditures at Older Ages and Their Impact on Economic Well-being

We investigate the extent to which out-of-pocket (OOP) medical expenditures replace other types of spending and their role in households’ experiencing financial hardship at older ages. We will begin by documenting trends in out-of-pocked (OOP) medical expenditure risk in the…

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The Effect of COVID on Expected and Actual Labor Supply and Social Security Claiming Among Older Workers

The COVID-19 pandemic disrupted the working conditions of many U.S. workers. Some lost their jobs either temporarily or permanently, others switched to telework, while essential workers continued working on-site at the risk of becoming infected with the virus. The pandemic…

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The Causes and Consequences of Opioid Use among Older Americans: A Panel Survey Approach

This study examines the effects of prescription opioid analgesic use for older Americans, specifically with regard to work disability and disability program participation. We draw on the long-panel structure of the Health and Retirement Study and a newly available 2009…

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