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This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand equations. We find evidence of negative transitory wage...
Persistent link: https://www.econbiz.de/10011336871
This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand equations. We find evidence of negative transitory wage...
Persistent link: https://www.econbiz.de/10011537676
Germany. We show evidence that job mobility is higher in the UK than in Germany, and that job movers may be negatively … selected in Germany, but not in the UK. Our findings suggest that returns to experience are substantially higher in the UK … in the UK and 30 percent in Germany. Separate estimates for different qualification groups show that in Germany, it is …
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In recent years a number of panel estimators have been suggested for sample selection models, where both the selection equation and the equation of interest contain individual effects which are correlated with the explanatory variables. We review and compare some of these estimators, and apply...
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