Harsh times: do stressors lead to labor market losses?
Autor: | Petri Böckerman, Terhi Maczulskij |
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Rok vydání: | 2018 |
Předmět: |
Employment
Male Labour economics medicine.medical_specialty Work stressful life events Economics Econometrics and Finance (miscellaneous) Health Behavior Life Change Events 03 medical and health sciences 0302 clinical medicine health behavior Marital problems 0502 economics and business elämänmuutokset Economics medicine Humans 030212 general & internal medicine Registries 050207 economics Sex Distribution Finland kaksostutkimus ansiotaso Health economics 050208 finance Earnings 030503 health policy & services Health Policy Public health Stressor 05 social sciences työllisyys stressi Twin study Shock (economics) twin studies Socioeconomic Factors terveyskäyttäytyminen 8. Economic growth stressors Income Female 0305 other medical science earnings Models Econometric Stress Psychological Public finance |
Zdroj: | The European journal of health economics : HEPAC : health economics in prevention and care. 20(3) |
ISSN: | 1618-7601 |
Popis: | This paper examines the links between stressful life events and labor market outcomes. We use twin data for Finnish men and women combined with register-based individual information on earnings, employment and social income transfers. The twin data allow us to account for shared environmental and genetic confounders. We measure the exposure to stressful life events in 1990. The labor market outcomes are measured during a 20-year follow-up over the period 1990–2009. Three findings stand out. First, stressors lead to worse labor market outcomes. Second, both men and women are distressed by labor market shocks, but they respond differently to marital problems and health shocks within the family. For example, women respond to marital problems by working more, whereas men respond similarly after facing a random health shock within the family. Third, the relationship between health shocks and labor market outcomes diminishes as time passes, whereas the consequences of labor market shocks are more permanent. peerReviewed |
Databáze: | OpenAIRE |
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