Health Capacity to Work at Older Ages: Evidence from Spain -- by Pilar Garcia-Gomez, Sergi Jimenez-Martin, Judit Vall Castello

In a world with limited PAYGO financing possibilities this paper explores whether older Spanish individuals have the health capacity to work longer. For that purpose we use Milligan-Wise and Cutler-Meara Cutler-Meara- Richards-Shubik simulation methods. Our results suggest that Spanish workers have significant additional capacities to extend their working careers.