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Health Capacity to Work at Older Ages: Evidence from Spain

Pilar García-Gómez, Sergi Jiménez-Martín, Judit Vall Castelló

Chapter in NBER book Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages (2017), David A. Wise, editor (p. 269 - 300)
Published in May 2017 by University of Chicago Press
© 2017 by the National Bureau of Economic Research
in NBER Book Series - International Social Security

In a world with limited PAYGO financing possibilities this paper explores whether older Spanish individuals have the health capacity to work longer. For that purpose we use Milligan-Wise and Cutler-Meara Cutler-Meara- Richards-Shubik simulation methods. Our results suggest that Spanish workers have significant additional capacities to extend their working careers.

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This chapter first appeared as NBER working paper w21973, Health Capacity to Work at Older Ages: Evidence from Spain, Pilar García-Gómez, Sergi Jimenez-Martin, Judit Vall Castelló
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