TY - BOOK AU - Usui,Emiko AU - Shimizutani,Satoshi AU - Oshio,Takashi ED - National Bureau of Economic Research. TI - Health Capacity to Work at Older Ages: Evidence from Japan T2 - NBER working paper series PY - 2016/// CY - Cambridge, Mass. PB - National Bureau of Economic Research N1 - February 2016; Hardcopy version available to institutional subscribers N2 - 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 UR - https://www.nber.org/papers/w21971 UR - http://dx.doi.org/10.3386/w21971 ER -