NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Publications by Pilar Garcia-Gomez

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers only

Working Papers and Chapters

April 2014Financial Incentives, Health and Retirement in Spain
with Sergi Jiménez-Martín, Judit Vall Castelló
in Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement, David A. Wise, editor
In this work we take advantage of the detailed health information available in the Survey of Health and Retirement in Europe (SHARE) to explore the link between health, financial incentives and retirement. With this purpose, we construct a health index and classify individuals into health quintiles and use this information to assess the extent to which differences in health are translated into differences in the responsiveness to changes in financial incentives. In addition, we construct a single option value measure by compiling the information on financial incentives from the disability, the old‐age and the unemployment systems in order to consider the aggregate incentives from all the social security schemes used as pathways into retirement among individuals aged 50 to 64 in Spain. Our ...
February 2014Financial Incentives, Health and Retirement in Spain
with Sergi Jiménez-Martín, Judit Vall Castelló: w19913
In this work we combine wage data from Social Security working histories and health information available in the Survey of Health and Retirement in Europe to explore the link between health, financial incentives and retirement in Spain. Our results show that individuals in worse health quintiles are, indeed, the more responsive to financial incentives as they prove to be less likely to retire when incentives to continue working increase.

Forthcoming: Financial Incentives, Health and Retirement in Spain, Pilar García-Gómez, Sergi Jiménez-Martín, Judit Vall Castelló. in Social Security Programs and Retirement Around the World: Disability Insurance Programs and Retirement, Wise. 2014

September 2012Health, Disability, and Pathways into Retirement in Spain
with Sergi Jiménez-Martín, Judit Vall Castelló
in Social Security Programs and Retirement around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms, David A. Wise, editor
May 2011Health, Disability and Pathways to Retirement in Spain
with Sergi Jiménez-Martín, Judit Vall Castelló: w17048
In this paper we analyze the trends in labor force participation and transitions to benefit programs of older workers in relation to health trends as well as recent Social Security reforms. Our preliminary conclusions are pessimistic regarding the effect of health improvements on the labor market attachment of older workers since we show that despite the large improvements in the mortality rates among older individuals in Spain, the employment rates of individuals older than fifty-five remain lower than the ones observed in the late 1970s. Some caution should remain in our conclusions as the evidence on health trends is inconclusive. Regarding the effect of Social Security reforms, we find that both the 1997 and the 2002 reform decreased the stock into old-age benefits at the cost of an in...

Published: Health, disability and pathways into retirement in Spain (with Sergi Jiménez Martin and Judit Vall Castelló). In Social Security Programs around the World: Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reform. DA Wise, ed. University of Chicago Press. 2012

Contact and additional information for this authorAll NBER papers and publicationsNBER Working Papers only

 
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