An econometric analysis of the mental‐health effects of major events in the life of older individuals
利用纵向面板数据，采用固定效应估计方法，研究退休、收入下降、丧偶、残疾和入住养老院等重大事件对老年人抑郁发生率的显著影响，为相关医疗和劳动市场政策提供参考。
Major events in the life of an older 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 relate the results to the health care and labor market policy towards older individuals.