Jolivet, Gregory;
Postel-Vinay, Fabien;
(2024)
A Structural Analysis of Mental Health and Labor Market
Trajectories.
The Review of Economic Studies
10.1093/restud/rdae071.
(In press).
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Abstract
We analyse the joint life-cycle dynamics of labour market and mental health outcomes while allowing for two-way interactions between work and mental health. We model selection into jobs on a labour 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 nonstressful jobs.
| Type: | Article |
|---|---|
| Title: | A Structural Analysis of Mental Health and Labor Market Trajectories |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1093/restud/rdae071 |
| Publisher version: | https://doi.org/10.1093/restud/rdae071 |
| Language: | English |
| Additional information: | © The Author(s) 2024. Published by Oxford University Press on behalf of The Review of Economic Studies Limited. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/). |
| 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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