Hokayem, Charles; Ziliak, James P. - In: American Economic Review 104 (2014) 5, pp. 127-31
We use new PSID data on consumption and health, along with information on annual sick time, to estimate a structural … labor supply model that incorporates a health capital stock with the traditional human capital learning-by-doing model. The … estimates show strong evidence of learning by doing as well as strong persistence in health. However, the estimates reveal that …