TY - JOUR AU - Usui, Emiko AU - Shimizutani, Satoshi AU - Oshio, Takashi TI - Health Capacity to Work at Older Ages: Evidence from Japan JF - National Bureau of Economic Research Working Paper Series VL - No. 21971 PY - 2016 Y2 - February 2016 DO - 10.3386/w21971 UR - http://www.nber.org/papers/w21971 L1 - http://www.nber.org/papers/w21971.pdf N1 - Author contact info: Emiko Usui Institute of Economic Research Hitotsubashi University 2-1 Naka, Kunitachi Tokyo 186-8603 Japan Tel: 81-42-580-8348 Fax: 81-42-580-8348 E-Mail: usui@ier.hit-u.ac.jp Satoshi Shimizutani Institute for International Policy Studies 5th floor, Toranomon 5 Mori Building, 1-17-1 Toranomon, Minato-ku Tokyo 105-0001 Japan E-Mail: sshimizutani@gmail.com Takashi Oshio E-Mail: oshio@ier.hit-u.ac.jp M1 - published as Emiko Usui, Satoshi Shimizutani, Takashi Oshio. "Health Capacity to Work at Older Ages: Evidence from Japan," in David A. Wise, editor, "Social Security Programs and Retirement around the World: The Capacity to Work at Older Ages" University of Chicago Press (2017) M3 - presented at "International Social Security Project", May 21-23, 2015 AB - This paper explores the extent to which older Japanese can potentially expand the labor supply, based on two analytic approaches: the Milligan-Wise and Cutler et al. methods. First, we examine how much older individuals could work if they worked as much as those with the same mortality rate in the past (the Milligan-Wise method). Second, we estimate how much older individuals could work if they worked as much as younger ones in similar health (the Cutler et al. method). Results from both of these methods underscore a large work capacity in old age in Japan. We further investigate differences in health capacity across education groups and find that highly educated individuals tend to have more capacity to work after they are 65 years of age. ER -