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

Author

Listed:
  • Tim Maloney

    () (University of Auckland)

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.

Suggested Citation

  • Tim Maloney, 2007. "Health status and labour force status of older working-age Australian men," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 10(4), pages 295-318, December.
  • Handle: RePEc:ozl:journl:v:10:y:2007:i:4:p:295-318
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    More about this item

    Keywords

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

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs

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