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Fit bur idle or frail but active? Estimating latent health-related work capacity among elderly Italians
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Resumo(s)
This paper estimates if and to what extend older Italians could work, given their
health status. It does so by comparing actual labour force participation rates to
counterfactual participation rates. One participation rate is constructed through a
non-parametric method, comparing actual rates with past ones, holding death rate,
a proxy for health, constant. The other method creates a counterfactual rate by
comparing younger and older individuals with the same health status. The results
of both analyses point towards spare work capacity among the Italian male and female
workforce of 5.97 years or 57% in terms of additional participation rate (for males)
depending on the method, years and age. Results are in line with ndings for developed
countries following the same approach.
Descrição
Palavras-chave
Ageing Work Health