Lindeboom, Maarten; Llena-Nozal, Ana; Klaauw, Bas van der - 2006
outcomes. Using the health shock as an instrumental variable shows that the onset of a disability at age 25 causally reduces … model that includes unscheduled hospitalizations as a measure for unanticipated health shocks and estimate the model on data … from the British National Child Development Study (NCDS). We show that such health shocks increase the likelihood of an …