Arbeitspapier

Job Insecurity and Health: Evidence from Older European Workers

A rich literature has studied the effect of job insecurity on health. However the causal link between these two variables remains unclear. We study the relationship between perceived job insecurity and health using longitudinal data on around 30 thousand older workers from 20 European countries covering a period of 14 years. The unprecedented size and nature of the dataset compared to previous studies on job insecurity and health allows us to apply different estimation methods and compare the results obtained. We do so using a wide range of health outcomes that include objective and subjective measures. Using pooled OLS, we estimate a strong association between job insecurity and health outcomes. A fixed effect estimator yields precisely estimated zeros with the exception of a few mental conditions. Additionally, we test the robustness of an IV strategy that uses an index for employment protection legislation (EPL) as an instrument for job insecurity. We conclude that the direct causal link between job insecurity and health for older workers is in any case rather weak and discuss several reasons for our findings.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 15735

Classification
Wirtschaft
Health: General
Health: Government Policy; Regulation; Public Health
Safety; Job Satisfaction; Related Public Policy
Labor Standards: Working Conditions
Subject
job insecurity
health
older workers
employment protection legislation

Event
Geistige Schöpfung
(who)
Suari-Andreu, Eduard
Schwartz, Tim
van Lent, Max
Knoef, Marike
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2022

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Suari-Andreu, Eduard
  • Schwartz, Tim
  • van Lent, Max
  • Knoef, Marike
  • Institute of Labor Economics (IZA)

Time of origin

  • 2022

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