Code for: SeaTE: Subjective ex ante Treatment Effect of Health on Retirement

Principal Investigator(s): View help for Principal Investigator(s) Pamela Giustinelli, Bocconi University; Matthew D Shapiro, University of Michigan

Version: View help for Version V1

Name	File Type	Size	Last Modified
paper_SeaTE_appendix.log	text/x-log	128.7 KB	03/28/2023 08:19:AM
paper_SeaTE_appendix.sas	application/x-sas	13.9 KB	03/28/2023 08:19:AM
paper_SeaTE_figures_tables.log	text/x-log	42.9 KB	03/28/2023 08:19:AM
paper_SeaTE_figures_tables.sas	application/x-sas	8 KB	03/28/2023 08:19:AM

Project Description

Summary:

The paper studies the effect of health on work among older workers by eliciting 2- and 4-year-ahead subjective probabilities of working under alternative health states. These measures predict work outcomes. Person-specific differences in working probabilities across health states can be interpreted as Subjective ex ante Treatment Effects (SeaTE) in a potential outcomes framework and as taste for work within a discrete choice dynamic programming framework. There is substantial heterogeneity in expectations of work conditional on health. The paper shows how heterogeneity in taste for work correlated with health can bias regression estimates the effect of health on retirement.

Scope of Project

Subject Terms: survey

JEL Classification:
      C21 Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
      D84 Expectations; Speculations
      J26 Retirement; Retirement Policies

Geographic Coverage: United States

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Published Versions

V1 [2024-03-01]

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