Resumen de Health Capacity to Work at Older Ages: Evidence from Spain

Pilar García Gómez, Sergi Jiménez Martín, 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.