An econometric analysis of the mental health effects of major events in the life of elderly individuals:

Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move to a nursing home, may affect the mental health status of the individual. For example, the individual may enter a prolonged depression. We investigate...

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Bibliographic Details
Main Authors: Lindeboom, Maarten 1960- (Author), Portrait, France (Author), Berg, Gerard J. van den 1962- (Author)
Format: Book
Language:English
Published: Bonn IZA 2001
Series:Discussion paper / Forschungsinstitut zur Zukunft der Arbeit 398
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Summary:Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move to a nursing home, may affect the mental health status of the individual. For example, the individual may enter a prolonged depression. We investigate this using unique longitudinal panel data that track labor market behavior, health status, and major life events, over time. To deal with endogenous aspects of these events we apply fixed effects estimation methods. We find some strikingly large effects of certain events on the occurrence of depression. We show that the results are of importance for the design of health care and labor market policy towards the elderly.
Physical Description:28 S. graph. Darst.

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