THE EFFECT OF MENTAL HEALTH ON EMPLOYMENT: EVIDENCE FROM AUSTRALIAN PANEL DATA
THE EFFECT OF MENTAL HEALTH ON EMPLOYMENT: EVIDENCE FROM AUSTRALIAN PANEL DATA
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DOI:
10.1002/hec.3083
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发表时间:
2014-09-01
期刊:
影响因子:
2.1
通讯作者:
Shields, Michael A.
中科院分区:
文献类型:
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作者:
Frijters, Paul;Johnston, David W.;Shields, Michael A.
To what extent does poor mental health affect employment outcomes? Answering this question involves multiple technical difficulties: two-way causality between health and work, unobservable confounding factors and measurement error in survey measures of mental health. We attempt to overcome these difficulties by combining 10 waves of high-quality panel data with an instrumental variable model that allows for individual-level fixed effects. We focus on the extensive margin of employment, and we find evidence that a one-standard-deviation decline in mental health reduces employment by 30 percentage points. Further investigations suggest that this effect is predominantly a supply rather than a demand-side response and is larger for older than young workers. Copyright (C) 2014 John Wiley & Sons, Ltd.