This paper develops a model that shows how training costs incurred by firms alters the relationship between wage inflation and unemployment. During an upswing, firms will take on and train new workers. These workers are, however, not shed during a following downswing. This is due to the lump sum...

This paper employs a logistic model to measure the effect of socioeconomic and individual characteristics on the length of time an individual remains in good health. It employs an objective measure of physical health, the Physical and Mental Health Problems, Illnesses and Disabilities (PMID)...

This paper investigates the effects of unemployment on health in Britain. It examines the effects of socio-economic variables on the duration of spells of good health by using an accelerated failure time model. Two different measures of health are used, self-assessed health and mobility problems...

The effect of socioeconomic status on the likelihood that an individual enters a period of poor health is examined using an Accelerated Failure Time methodology. This study employs data from the European Community Household Panel for the years 1994-2002 across 13 European countries, using the...