published in: D. A. Wise (ed.); Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages, Chicago: University of Chicago Press, 2017, 5-58
We explore the link between health indicators and employment rates of the population aged 55 or more. Our focus lies on work capacity as a key determinant of employment. Using cohort mortality information as a proxy for overall health outcomes, we establish a substantial untapped work capacity in the population 55+. Similar results are obtained when relying on individual-level objective and subjective health and socioeconomic parameters as predictors.
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