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estimation methods in this investigation. We uncover a causal relationship between two of five measures of health and the wage in …We investigate two-way causality between health and the hourly wage by employing insights from the human capital and … which a reduction in health leads to an increase in the wage rate in a panel of U.S. young adults who had completed their …
Persistent link: https://www.econbiz.de/10012906526
Most previous studies of intergenerational transmission of human capital are restricted to two generations – parents and their children. In this study we use a Swedish data set which enables us link individual measures of lifetime earnings for three generations and data on educational...
Persistent link: https://www.econbiz.de/10013107704
We consider the impact of tax credits and income support programs on female education choice, employment, hours and human capital accumulation over the life-cycle. We analyze both the short run incentive effects and the longer run implications of such programs. By allowing for risk aversion and...
Persistent link: https://www.econbiz.de/10013082137
This paper uses data on both self-reported and true measures of individual Body Mass Index (BMI) to examine the nature of measurement error in self-reported BMI and to look at the consequences of using self-reported measures when estimating the effect of BMI on economic outcomes. In keeping with...
Persistent link: https://www.econbiz.de/10013097857
Based on the German Socio-Economic Panel, the influence of the body mass index on health, earnings and satisfaction is … analysed by gender. Basic results are: health worsens, income declines and satisfaction is poorer with higher body mass index … determined, the health estimates show nonlinear effects but the direction of action is unchanged. Effects on earnings differ …
Persistent link: https://www.econbiz.de/10012894066
's cognitive skills, non-cognitive skills, and health. Our results show that greater parental education increases children …'s cognitive and non-cognitive skills, as well as their health. These results suggest that the effect of parents' education on … children's education may work partly through the positive effect that parental education has on children's skills and health …
Persistent link: https://www.econbiz.de/10013118516
This paper estimates returns to education using a dynamic model of educational choice that synthesizes approaches in the structural dynamic discrete choice literature with approaches used in the reduced form treatment effect literature. It is an empirically robust middle ground between the two...
Persistent link: https://www.econbiz.de/10012990853
While much of the literature on immigrants' assimilation has focused on countries with a large tradition of receiving immigrants and with flexible labor markets, very little is known on how immigrants adjust to other types of host economies. With its severe dual labor market, and an...
Persistent link: https://www.econbiz.de/10013106297
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10013316685
We construct and estimate by maximum likelihood an equilibrium search model where wages are set by Nash bargaining and … Survey data on accepted wages and employment durations. We show that it captures almost perfectly the joint distribution of … wages and job spells. We find that the rate of learning-by-doing has an important positive effect on aggregate output and a …
Persistent link: https://www.econbiz.de/10013317075