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This paper has two purposes. The first is to develop a methodological framework that can be used to introduce and discuss alternative explanations of the correlation between health and schooling. The second is to test these explanations empirically in order to select the most relevant ones and...
Persistent link: https://www.econbiz.de/10014158867
We investigate two-way causality between health and the hourly wage by employing insights from the human capital and compensating wage differential models, a panel formed from the National Longitudinal Survey of Youth 1997, and dynamic panel estimation methods in this investigation. We uncover a...
Persistent link: https://www.econbiz.de/10012907762