Health shocks, human capital, and labor market outcomes

Arbeitspapier

Health, human capital, and labor market outcomes are linked though complex connections that are not fully understood. We explore these links by estimating a flexible yet tractable dynamic model of human capital accumulation in the presence of health shocks using administrative data from Chile. We find that (i) human capital mitigates the negative labor market effects of health events, (ii) these alleviating effects operate through channels involving occupational choice, the frequency of exposure to health events, and access to health care, and (iii) the effect of health shocks on labor market outcomes is heterogeneous across industries and types of diagnoses.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Upjohn Institute Working Paper ; No. 18-290

Classification and Topics

• Classification: Wirtschaft ; Health: General ; Returns to Education ; Time Allocation and Labor Supply ; Human Capital; Skills; Occupational Choice; Labor Productivity
• Subject: health shocks ; hospitalizations ; labor market outcomes ; earnings ; human capital

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Parro, Francisco ; Pohl, R. Vincent
• Event: Veröffentlichung
• (who): W.E. Upjohn Institute for Employment Research
• (where): Kalamazoo, MI
• (when): 2018

Further information

• DOI: doi:10.17848/wp18-290
• Handle: http://hdl.handle.net/10419/202888
• Last update: 10.03.2025, 11:42 AM CET