Income and Employment Effects of Health Shocks - A Test Case for the German Welfare State

Arbeitspapier

Using data from the first eleven waves of the German Socio-Economic Panel this study investigates the dynamic effects of health shocks on employment and economic wellbeing of older workers. A health shock trebles the probability of leaving the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average and those individuals with the highest remaining earnings potential are least affected by the health shock. Welfare state instruments support the poorest section of the population but do not succeed in neutralizing the effects of a health shock for these groups.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 10

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Safety; Job Satisfaction; Related Public Policy ; Labor Force and Employment, Size, and Structure ; Health: General ; Retirement; Retirement Policies
• Thema: health ; labor force participation ; earnings ; welfare state ; Ältere Arbeitskräfte ; Erwerbsunfähigkeit ; Haushaltseinkommen ; Arbeitslosigkeit ; Soziale Sicherung ; Deutschland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Riphahn, Regina T.
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 1998

Weitere Informationen

• Handle: http://hdl.handle.net/10419/20855
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ