1、The Labor Market Implications of Healthy Aging Bertrand Gruss,Eric Huang,Andresa Lagerborg,Diaa Noureldin,Galip Kemal Ozhan WP/25/WP/25/229 IMF Working Papers describe research in progress by the author(s)and are published to elicit comments and to encourage debate.The views expressed in IMF Working

2、 Papers are those of the author(s)and do not necessarily represent the views of the IMF,its Executive Board,or IMF management.2025 NOV*We would like to thank Pedro Henrique de Barros Gagliardi for his excellent research assistance.We also thank Sangyup Choi,Gita Gopinath,Pierre-Olivier Gourinchas,De

3、niz Igan,Petya Koeva-Brooks,Warren Sanderson,Andrew Scott,and manyseminar participants for their valuable comments and suggestions.2025 International Monetary Fund WP/25/229 IMF Working Paper Research Department The Labor Market Implications of Healthy Aging Prepared by Bertrand Gruss,Eric Huang,And

4、resa Lagerborg,Diaa Noureldin,Galip Kemal Ozhan Authorized for distribution by Deniz Igan November 2025 IMF Working Papers describe research in progress by the author(s)and are published to elicit comments and to encourage debate.The views expressed in IMF Working Papers are those of the author(s)an

5、d do not necessarily represent the views of the IMF,its Executive Board,or IMF management.ABSTRACT:This paper provides new cross-country evidence on healthy agingthe extent to which populations age in better health across successive birth cohortsand how this shapes labor market outcomes for older wo

6、rkers.Using harmonized microdata on individuals aged 50 and above in 41 countries over 2000-22,we document that physical,cognitive,and mental health have improved systematically across cohorts.To estimate causal effects,we instrument individual health with chronic disease incidence.Better health inc