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Health status and labour force status of older working-age Australian men

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  • Tim Maloney

    ()
    (University of Auckland)

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    Abstract

    This research uses the Household, Income and Labour Dynamics in Australia (HILDA) Survey to investigate the impacts of health on labour force status of older working-age Australian men. We estimate a model that exploits the longitudinal nature of the data and takes the correlation between the two error terms in the health and labour force status equations into account. The results show that controlling for unobserved heterogeneity and the correlation between the two equations is important. It is also found that any restriction on the correlation between the two equations appears to lead to underestimation of the direct health effects.

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    Bibliographic Info

    Article provided by Bankwest Curtin Economics Centre (BCEC), Curtin Business School in its journal Australian Journal of Labour Economics.

    Volume (Year): 10 (2007)
    Issue (Month): 4 (December)
    Pages: 295-318

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    Handle: RePEc:ozl:journl:v:10:y:2007:i:4:p:295-318

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    Postal: GPO Box U1987, Perth WA 6845
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    Web page: http://business.curtin.edu.au/research/publications/journals/ajle/
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    Related research

    Keywords: Wage Level and Structure; Wage Differentials; Job; Occupational; and Intergenerational Mobility; Promotion Labor Turnover; Vacancies; Layoffs;

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