Maurer, Jürgen; Klein, Roger; Vella, Francis - In: The Review of Economics and Statistics 93 (2011) 3, pp. 764-774
We use panel data from the U.S. Health and Retirement Study, 1992–2002, to estimate the effect of self-assessed health limitations on the active labor market participation of older men. Self-assessments of health are likely to be endogenous to labor supply due to justification bias and...