Health shocks and couples' labor supply decisions

Coile

Courtney

Coile, Courtney

Author

text

working paper

Chestnut Hill, Mass. Center for Retirement Research at Boston College20032003monographic

Chestnut Hill, Mass.

Center for Retirement Research at Boston College

2003

monographic

Englisheng

English

eng

electronicapplication/pdfborn digital

electronic

application/pdf

born digital

This paper explores the effect of negative health shocks, such as heart attacks or new diagnoses of chronic illnesses, on the labor supply of both the affected spouse and his or her partner. In so doing, the paper links two important strands of the retirement literature, the large literature on health and retirement and the small but growing literature modeling retirement in a family context. This paper may also be viewed as an extension of the literature on spousal labor supply as insurance against negative events, which measures whether there is an added worker effect when one spouse becomes sick and whether it is crowded out by public insurance programs. This work uses the first five waves of the Health and Retirement Study (HRS), a recent, nationally representative survey of the young elderly with extensive information on health, labor force status, and demographics.

Courtney Coile.

CRR WP2003-8

CRR WP

2003-8

http://crr.bc.edu/images/stories/Working_Papers/wp_2003-08.pdf

MChBEnglisheng

MChB

Englisheng

English

eng