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Longitudinal Study: HILDA
Title: Effects of Health and Chronic Diseases on Labour Force Participation of Older Working-age Australians
Authors: Cong, C 
Cai, L 
Publication Date: Jun-2009
Pages: 166-182
Abstract: This study examines the effects of general health and chronic diseases on the labour force participation of older working-age Australians. To account for potential endogeneity of health status, a simultaneous equation model is estimated and chronic diseases are used as instrumental variables. The effects of chronic diseases on labour force participation are assessed indirectly using the parameters estimated from the simultaneous equation model. The results show that both health status and chronic diseases have significant effects on labour force participation. It also appears that the effects of chronic diseases are more accurately estimated from the simultaneous equation model than from a single equation labour force participation model.
DOI: 10.1111/j.1467-8454.2009.00365.x
Keywords: Employment; Health
Research collection: Journal Articles
Appears in Collections:Journal Articles

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