Jäckle, Robert and Himmler, Oliver (2007): Health and Wages - Panel data estimates considering selection and endogeneity.
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This paper complements previous studies on the effects of health on wages by addressing the problems of unobserved heterogeneity, sample selection, and endogeneity in one comprehensive framework. Using data from the German Socio-Economic Panel (GSOEP) we find the health variable to suffer from measurement error and a number of tests provide evidence that selection corrections are necessary. Good health leads to higher wages for men, while there appears to be no significant effect for women. Contingent on the method of estimation, healthy males are estimated to earn between 1.3% and 7.8% more than those in poor health.
|Item Type:||MPRA Paper|
|Original Title:||Health and Wages - Panel data estimates considering selection and endogeneity|
|Keywords:||health; wages; fixed effects; sample selection; instrumental variables|
|Subjects:||C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C34 - Truncated and Censored Models ; Switching Regression Models
J - Labor and Demographic Economics > J4 - Particular Labor Markets
C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models
I - Health, Education, and Welfare > I1 - Health
|Depositing User:||Oliver Himmler|
|Date Deposited:||15. Nov 2008 04:11|
|Last Modified:||10. Aug 2015 14:34|
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