Estimating the Relationship between Health and Employment of Russian People in Pensionable Age

33 Pages Posted: 14 Oct 2015

See all articles by Ekaterina Klepikova

Ekaterina Klepikova

National Research University Higher School of Economics

Date Written: October 12, 2015

Abstract

This paper provides an analysis of the labor supply of Russian people in pensionable age. It aims to answer two questions: (1) whether bad health is an important limitation for labor activity and (2) whether a greater pension benefit could be a stimulus for delayed retirement. This is an empirical work based on data of the Russia Longitudinal Monitoring Survey - Higher School of Economics (RLMS-HSE) from 2000-2010. Findings suggest that the most important factor of labor supply is income, and it is more significant for people with higher education. Bad health contributes to leaving the labor force, but the effect is smaller than income’. Some policy implications are also suggested based on the empirical results of the study.

Keywords: labor supply, health, pensionable age, postponement of retirement, Russia, RLMS-HSE.

JEL Classification: C2, J1, J2.

Suggested Citation

Klepikova, Ekaterina, Estimating the Relationship between Health and Employment of Russian People in Pensionable Age (October 12, 2015). Higher School of Economics Research Paper No. WP BRP 100/EC/2015, Available at SSRN: https://ssrn.com/abstract=2672954 or http://dx.doi.org/10.2139/ssrn.2672954

Ekaterina Klepikova (Contact Author)

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

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