Postel-Vinay, Fabien;
Jolivet, Gregory;
(2024)
A Structural Analysis of Mental Health and Labor Market
Trajectories.
The Review of Economic Studies
(In press).
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Abstract
We analyze the joint life-cycle dynamics of labor market and mental health outcomes while allowing for two-way interactions between work and mental health. We model selection into jobs on a labor market with search frictions, accounting for the level of exposure to stress in each job using data on occupational health contents. Taking our model to British data from Understanding Society combined with information from O*NET, we estimate the impact of job characteristics on health dynamics and the effects of health and job stress contents on career choices. We use our model to quantify the effects of job loss, health shocks or job stress shocks that propagate over the life cycle through both health and work channels. We also estimate the (large) values workers attach to health, employment or non-stressful jobs.
| Type: | Article |
|---|---|
| Title: | A Structural Analysis of Mental Health and Labor Market Trajectories |
| Publisher version: | https://academic.oup.com/restud |
| Language: | English |
| Additional information: | This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | Job Search, Mental Health, Life Cycle, Structural Estimation |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10183304 |
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