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The Impact of Health on Labor Market Outcomes: Experimental Evidence from MRFIT / Melvin Stephens, Jr., Desmond J. Toohey.
- Format:
- Book
- Author/Creator:
- Stephens, Melvin, Jr.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w24231.
- NBER working paper series no. w24231
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Impact of Health on Labor Market Outcomes
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- While economists have posited that health investments increase earnings, isolating the causal effect of health is challenging due both to reverse causality and unobserved heterogeneity. We examine the labor market effects of a randomized controlled trial, the Multiple Risk Factor Intervention Trial (MRFIT), which monitored nearly 13,000 men for over six years. We find that this intervention, which provided a bundle of treatments to reduce coronary heart disease mortality, increased earnings and family income. We find few differences in estimated gains by baseline health and occupation characteristics. Reductions in serious illnesses and work-limiting disabilities likely contributed to the observed gains.
- Notes:
- Print version record
- January 2018.
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