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Replication data for: Health, Human Capital, and Life Cycle Labor Supply

Resource Type
  • Hokayem, Charles
  • Ziliak, James P.
Publication Date
  • Abstract

    We use new PSID data on consumption and health, along with information on annual sick time, to estimate a structural labor supply model that incorporates a health capital stock with the traditional human capital learning-by-doing model. The estimates show strong evidence of learning by doing as well as strong persistence in health. However, the estimates reveal that time and money seem to have little effect on health consistent with "flat of the curve" medicine. We find strong evidence that consumption and leisure are direct substitutes in preferences, and consumption and leisure are each utility complements with good health.
  • Is supplement to
    DOI: 10.1257/aer.104.5.127 (Text)
  • Hokayem, Charles, and James P. Ziliak. “Health, Human Capital, and Life Cycle Labor Supply.” American Economic Review 104, no. 5 (May 2014): 127–31.
    • ID: 10.1257/aer.104.5.127 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 3 | Registration Date: 2019-10-12

Hokayem, Charles; Ziliak, James P. (2014): Replication data for: Health, Human Capital, and Life Cycle Labor Supply. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.