Health and Wages: Panel Data Estimates Considering Selection and Endogeneity

Jäckle, Robert; Himmler, Oliver

doi:10.1353/jhr.2010.0018

Cited by 48 publications

(67 citation statements)

References 33 publications

(37 reference statements)

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“…In particular, it could be shown that health has an impact on wages in Germany (Jäckle and Himmler 2010 for the second and for the third course. The reason why this can be done is that the question on cancelling courses is not only posed to non-participants in the WeLL data but also to…”

Section: Empirical Methodsmentioning

confidence: 99%

Continuous training and wages: An empirical analysis using a comparison-group approach

Görlitz

2011

Economics of Education Review

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Section: Empirical Methodsmentioning

confidence: 99%

Continuous training and wages: An empirical analysis using a comparison-group approach

Görlitz

2011

Economics of Education Review

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“…21 I report standard OLS and FE results for comparison. 22 This result differs from the findings in Jäckle and Himmler (2010). Using the SOEP, Jäckle and Himmler (2010) estimate a similar wage model with health satisfaction instead of general health status.…”

mentioning

confidence: 86%

The Effect of Health and Employment Risks on Precautionary Savings

Geyer

2011

SSRN Journal

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in SOEPpapers on Multidisciplinary Panel Data Research at DIW BerlinThis series presents research findings based either directly on data from the German SocioEconomic Panel Study (SOEP) or using SOEP data as part of an internationally comparable data set (e.g. CNEF, ECHP, LIS, LWS, CHER/PACO). SOEP is a truly multidisciplinary household panel study covering a wide range of social and behavioral sciences: economics, sociology, psychology, survey methodology, econometrics and applied statistics, educational science, political science, public health, behavioral genetics, demography, geography, and sport science.The decision to publish a submission in SOEPpapers is made by a board of editors chosen by the DIW Berlin to represent the wide range of disciplines covered by SOEP. There is no external referee process and papers are either accepted or rejected without revision. Papers appear in this series as works in progress and may also appear elsewhere. They often represent preliminary studies and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be requested from the author directly.Any opinions expressed in this series are those of the author(s) and not those of DIW Berlin.Research disseminated by DIW Berlin may include views on public policy issues, but the institute itself takes no institutional policy positions. Abstract This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating future net-income risks. The uncertainty measure takes into account the interdependency of labour market and health status. The model is estimated for prime age males using the German Socio-Economic Panel Study for years [2001][2002][2003][2004][2005][2006][2007]. The empirical analysis is conducted using a measure for savings stocks and savings flows. The latter model allows to control for individual specific effects. I find evidence for precautionary savings in response to the uncertainty measures. The results are robust and stable across specifications. There is evidence for a share of precautionary wealth of about 14 to 17 percent.

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“…These objective health measures are less prone to measurement errors and the issue of endogeneity-problems that may occur using the self-reported health status (cf. Jäckle 2007). Unfortunately, the information about the numbers of nights stayed in hospital is not available for 1990 or 1993 so that we are not able to use the respective waves.…”

Section: Datamentioning

confidence: 99%

Well-Being over the Life Span: Semiparametric Evidence from British and German Longitudinal Data

et al. 2009

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. This series presents research findings based either directly on data from the German SocioEconomic Panel Study (SOEP) or using SOEP data as part of an internationally comparable data set (e.g. CNEF, ECHP, LIS, LWS, CHER/PACO). SOEP is a truly multidisciplinary household panel study covering a wide range of social and behavioral sciences: economics, sociology, psychology, survey methodology, econometrics and applied statistics, educational science, political science, public health, behavioral genetics, demography, geography, and sport science. Terms of use: Documents inThe decision to publish a submission in SOEPpapers is made by a board of editors chosen by the DIW Berlin to represent the wide range of disciplines covered by SOEP. There is no external referee process and papers are either accepted or rejected without revision. Papers appear in this series as works in progress and may also appear elsewhere. They often represent preliminary studies and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be requested from the author directly. Abstract This paper applies semiparametric regression models using penalized splines to investigate the profile of well-being over the life span. Splines have the advantage that they do not require a priori assumptions about the form of the curve. Using data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel Study (SOEP), the analysis shows a common, quite similar, age-specific pattern of life satisfaction for both Britain and Germany that can be characterized by three age stages. In the first stage, life satisfaction declines until approximately the fifth life decade. In the second age stage, well-being clearly increases and has a second turning point (maximum) after which well-being decreases in the third age stage. Several reasons for the three-phase pattern are discussed. We point to the fact that neither polynomial functions of the third nor the fourth degree describe the relationship adequately: polynomials locate the minimum and the maximum imprecisely. In addition, our analysis discusses the indistinguishability of age, period, and cohort effects: we propose estimating age-period models that control for cohort effects including substantive variables, such as the life expectancy of the birth cohort, and further observed socioeconomic characteristics in the regression.Keywords: subjective well-being, li...

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Health and Wages: Panel Data Estimates Considering Selection and Endogeneity

Cited by 48 publications

References 33 publications

Continuous training and wages: An empirical analysis using a comparison-group approach

Continuous training and wages: An empirical analysis using a comparison-group approach

The Effect of Health and Employment Risks on Precautionary Savings

Well-Being over the Life Span: Semiparametric Evidence from British and German Longitudinal Data

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