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Financial Incentives, Health and Retirement in Spain

42 Pages Posted: 24 Feb 2014  

Pilar Garcia-Gomez

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Sergi Jimenez-Martin

Universitat Pompeu Fabra - Faculty of Economic and Business Sciences

Judit Vall Castelló

University of Girona; Universitat Pompeu Fabra - Center for Research in Health and Economics (CRES)

Date Written: February 2014

Abstract

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.

Suggested Citation

Garcia-Gomez, Pilar and Jimenez-Martin, Sergi and Castelló, Judit Vall, Financial Incentives, Health and Retirement in Spain (February 2014). NBER Working Paper No. w19913. Available at SSRN: https://ssrn.com/abstract=2400239

Pilar Garcia Gomez (Contact Author)

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) ( email )

P.O. Box 1738
3000 DR Rotterdam, NL 3062 PA
Netherlands

Sergi Jimenez-Martin

Universitat Pompeu Fabra - Faculty of Economic and Business Sciences ( email )

Ramon Trias Fargas 25-27
Barcelona, 08005
Spain
(34) 93 542 16 67 (Phone)
(34) 93 542 17 46 (Fax)

Judit Vall Castelló

University of Girona ( email )

Girona, 17071
Spain

Universitat Pompeu Fabra - Center for Research in Health and Economics (CRES) ( email )

Ramon Trias Fargas, 25-27
Barcelona, 08005
Spain

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