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Long-Run Effects of Health Shocks in a Highly Regulated Labour Market
| Content Provider | Scilit |
|---|---|
| Author | Belloni, Michele Simonetti, Irene Zantomio, Francesca |
| Copyright Year | 2019 |
| Description | Journal: SSRN Electronic Journal Based on administrative data covering employment, social security and hospital record histories, we investigate the effect of acute cardiovascular health shocks resulting in unplanned hospitalisation, on blue collars’ long-term labour outcomes in Italy. The Italian institutional setting, characterised by a highly regulated labour market and high job protection, is different from that of countries – mainly Nordic and Anglo-Saxon – covered in previous studies. We apply matching and parametric regression techniques to remove possible bias arising from observable and time-invariant unobservable confounders. Results point at sizeable and persistent reductions in employment and labour income, while hours and wage adjustments appear limited. Whereas a relatively generous social insurance system might compensate the earnings loss, our findings question the appropriateness of existing labour inclusion policies. |
| Related Links | http://www.unive.it/pag/fileadmin/user_upload/dipartimenti/economia/doc/Pubblicazioni_scientifiche/working_papers/2019/WP_DSE_belloni_bena_farina_simonetti_zantomio_32_19.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3482466 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.3482466 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2019-11-07 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal Development Studies Health Shocks Labour Market Institutions Administrative Data |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |