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A multi-state model for sick leave and its impact on partial early retirement incentives: the case of the Netherlands
Scandinavian Actuarial Journal ( IF 1.8 ) Pub Date : 2022-07-18 , DOI: 10.1080/03461238.2022.2092891
Sophie de Mol van Otterloo 1 , Jennifer Alonso-García 2, 3, 4
Affiliation  

We investigate the effect of part-time and full-time work on health using a Markov framework and generalized linear models to smooth the resulting crude rates. The Chapman-Kolmogorov equations are used for a general solution. We apply this model to assess a partial early retirement incentive in the Netherlands, known as ‘the generation pact’. The smoothed rates imply that working part time does not necessarily mean a better health for the elderly. In fact, men are healthier when working full time, while women fall sick more often when working full time but recover more often as well. However, when comparing the future rates of a person currently aged 50 working full time and using the generation pact, both the recovery and the morbidity rates drop when starting the generation pact. A stylized assessment of the costs associated yields that costs drop by half when using the generation pact.



中文翻译:

病假的多国模式及其对部分提前退休激励措施的影响:荷兰的案例

我们使用马尔可夫框架和广义线性模型来研究兼职和全职工作对健康的影响,以平滑由此产生的粗率。Chapman-Kolmogorov 方程用于通解。我们应用此模型来评估荷兰的部分提前退休激励措施,称为“世代契约”。平滑的比率意味着兼职工作并不一定意味着老年人的健康状况更好。事实上,男性在全职工作时更健康,而女性在全职工作时更容易生病,但也更容易康复。但是,在比较目前 50 岁全职工作并使用发电协议的人的未来利率时, 启动生成协议时,恢复率和发病率都会下降。使用发电协议时,对成本相关收益的程式化评估会降低一半。

更新日期:2022-07-18
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