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Health, Economic Resources and the Work Decisions of Older Men
National Bureau of Economic Research [NBER]
Dec. 27, 2007 Excerpt: In this paper, we specify a dynamic programming model that addresses the interplay among health, financial resources, and the labor market behavior of men in the later part of their working lives. Unlike previous work which has typically used self reported health of disability status as a proxy for health status, we model health as a latent variable, using self reported disability status as an indicator of this latent construct. MORE >> |
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