1.
Eur J Health Econ
; 21(9): 1375-1389, 2020 Dec.
Article
in English
| MEDLINE
| ID: mdl-32960389
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.