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No gain in pain: psychological well-being, participation, and wages in the BHPS.


ABSTRACT: Accounting for endogeneity, unobserved heterogeneity, and sample selection in an unified framework, we investigate the effect of psychological well-being on wages and labour market participation using a panel from the British Household Panel Survey. We find the effect of psychological well-being on labour market outcomes to differ across gender. In particular, psychological distress significantly reduces participation across genders, but, conditional on participation, has a significant negative effect on hourly wages only in the female sample.

SUBMITTER: Lagomarsino E 

PROVIDER: S-EPMC7581575 | biostudies-literature | 2020 Dec

REPOSITORIES: biostudies-literature

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No gain in pain: psychological well-being, participation, and wages in the BHPS.

Lagomarsino Elena E   Spiganti Alessandro A  

The European journal of health economics : HEPAC : health economics in prevention and care 20200922 9


Accounting for endogeneity, unobserved heterogeneity, and sample selection in an unified framework, we investigate the effect of psychological well-being on wages and labour market participation using a panel from the British Household Panel Survey. We find the effect of psychological well-being on labour market outcomes to differ across gender. In particular, psychological distress significantly reduces participation across genders, but, conditional on participation, has a significant negative  ...[more]

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