Acute Health Shocks and Labour Market Outcomes

TY - UNPB

T1 - Acute Health Shocks and Labour Market Outcomes

AU - Jones, Andrew Michael

AU - Rice, Nigel

AU - Zantomio, Francesca

PY - 2016/3/15

Y1 - 2016/3/15

N2 - We investigate the labour supply response to acute health shocks experienced in the post-crash labour market by individuals of working age, using data from Understanding Society. Identification that exploits uncertainty in the timing of an acute health shock, defined by the incidence of cancer, stroke, or heart attack. Results, obtained through a combination of coarsened exact and propensity score matching, show acute health shocks significantly reduce participation, with younger workers displaying stronger labour market attachment. The impact on older, more educated, women suggests an important role for preferences, financial constraints, and intra-household division of labour determining labour supply decisions.

AB - We investigate the labour supply response to acute health shocks experienced in the post-crash labour market by individuals of working age, using data from Understanding Society. Identification that exploits uncertainty in the timing of an acute health shock, defined by the incidence of cancer, stroke, or heart attack. Results, obtained through a combination of coarsened exact and propensity score matching, show acute health shocks significantly reduce participation, with younger workers displaying stronger labour market attachment. The impact on older, more educated, women suggests an important role for preferences, financial constraints, and intra-household division of labour determining labour supply decisions.

KW - health shocks, labour supply, panel data, matching methods

M3 - Working paper

VL - Working Papers, Department of Economics, Ca` Foscari University of Venice, No 09/WP/2016

BT - Acute Health Shocks and Labour Market Outcomes

PB - University Ca' Foscari of Venice, Dept. of Economics

CY - Venice

ER -