HEALTH AND LABOR SUPPLY MODELS - A STUDY OF LOW INCOME INDIVIDUALS.
Item
-
Title
-
HEALTH AND LABOR SUPPLY MODELS - A STUDY OF LOW INCOME INDIVIDUALS.
-
Identifier
-
AAI8014962
-
identifier
-
8014962
-
Creator
-
DESAI, SWATI.
-
Contributor
-
Michael Grossman
-
Date
-
1980
-
Language
-
English
-
Publisher
-
City University of New York.
-
Subject
-
Economics, Labor
-
Abstract
-
The study focuses on the low men's labor supply behavior and health decisions. The labor supply model looks into the determination of the wage rate that an individual receives and a number of hours that he will be willing to supply in the market. The health model looks into the determination of health that is produced by these men and the demand for medical care to produce the given level of health. The analysis is done on a sample of 4300 low income men. This sample is drawn from the Health Interview Survey of 1974.;Results reveal that an increase in the education increases one's market productivity (wage effect) and non-market productivity (health effect). One's own health has a positive effect on his market wage and the number of hours that he is willing to work. Thus the investment in human capital, an increase in education and increase in the stock of health, are the important determinants of low income men's wages and earned income. Traditional deteminant of labor supply are the wage effect and the income effect. In this study, I have found the negative income effect as expected but the data do not support the hypothesis of the positive wage effect. Also in the health production function, the hypothesis of the positive medical care effect on health is rejected. These last findings lead to the conclusion that the available data is inadequate and these results need to be verified using a better data source.
-
Type
-
dissertation
-
Source
-
PQT Legacy CUNY.xlsx
-
degree
-
Ph.D.
-
Program
-
Economics
