Published on 01 January 2025 |
Replication data for: Health, Human Capital, and Life Cycle Labor Supply
View DatasetDescription
We use new PSID data on consumption and health, along with information on annual sick time, to estimate a structural labor supply model that incorporates a health capital stock with the traditional human capital learning-by-doing model. The estimates show strong evidence of learning by doing as well as strong persistence in health. However, the estimates reveal that time and money seem to have little effect on health consistent with "flat of the curve" medicine. We find strong evidence that consumption and leisure are direct substitutes in preferences, and consumption and leisure are each utility complements with good health.
Citations (2)
- https://doi.org/10.3886/e228323v1DataCite
Cited on 01 May 2025
Weight: 1.00
Cited on 01 May 2014
Weight: 1.00
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Publication Details
Subfield
Pathology and Forensic Medicine
Field
Medicine
Domain
Health Sciences
Confidence Score
48%
Source
Scholar Data Model