scholarly journals Would Reducing the Price of Employing an Older Worker Improve Labor Market Outcomes by Socioeconomic Status? Evidence from Health Insurance Premium Restrictions

2016 ◽  
Author(s):  
Matthew S. Rutledge ◽  
Caroline V. Crawford
Keyword(s):  
Socioeconomic Status ◽  
Labor Market ◽  
Health Insurance ◽  
Labor Market Outcomes ◽  
Insurance Premium ◽  
Older Worker ◽  
Market Outcomes ◽  
Health Insurance Premium

scholarly journals The persistent effect of socioeconomic status on education and labor market outcomes

2019 ◽  
Vol 27 (79) ◽  
pp. 62-90
Author(s):  
Juan A. Correa ◽  
Pablo Gutiérrez ◽  
Miguel Lorca ◽  
Raúl Morales ◽  
Francisco Parro
Keyword(s):  
Socioeconomic Status ◽  
Labor Market ◽  
Labor Market Outcomes ◽  
College Admission ◽  
Early Years ◽  
Market Outcomes ◽  
Content Type ◽  
Upper Secondary Education ◽  
Upper Secondary ◽  
Admission Test

Purpose This paper aims to study the effect of family socioeconomic status (SES) on academic and labor market outcomes. Design/methodology/approach The authors used a rich data set of administrative records for test scores, individual background and adult earnings of a cohort of agents, covering a period spanning the agents' upper-secondary education and their early years in the labor market. Findings The authors find that students with the highest SES obtained a 1.5 standard deviations higher score in the college admission test than students who had the same academic outcomes in the eighth grade test but belong to the lowest SES. Similarly, among students that obtained the same scores in the college admission test, those with the highest SES earned monthly wages 0.7 standard deviations higher than those with the lowest SES. Originality/value The findings highlight that family socioeconomic background continues to influence outcomes during individuals’ upper secondary education and early years in the labor market.

scholarly journals Genes, Education, and Labor Market Outcomes: Evidence from the Health and Retirement Study

2019 ◽  
Vol 18 (3) ◽  
pp. 1351-1399 ◽  
Author(s):  
Nicholas W Papageorge ◽  
Kevin Thom
Keyword(s):  
Socioeconomic Status ◽  
Labor Market ◽  
Capital Accumulation ◽  
New Technologies ◽  
Labor Market Outcomes ◽  
Health And Retirement Study ◽  
Market Outcomes ◽  
Genetic Traits ◽  
Polygenic Score ◽  
Retirement Study

Abstract Recent advances have led to the discovery of specific genetic variants that predict educational attainment. We study how these variants, summarized as a linear index—known as a polygenic score—are associated with human capital accumulation and labor market outcomes in the Health and Retirement Study (HRS). We present two main sets of results. First, we find evidence that the genetic factors measured by this score interact strongly with childhood socioeconomic status in determining educational outcomes. In particular, although the polygenic score predicts higher rates of college graduation on average, this relationship is substantially stronger for individuals who grew up in households with higher socioeconomic status relative to those who grew up in poorer households. Second, the polygenic score predicts labor earnings even after adjusting for completed education, with larger returns in more recent decades. These patterns suggest that the genetic traits that promote education might allow workers to better accommodate ongoing skill biased technological change. Consistent with this interpretation, we find a positive association between the polygenic score and nonroutine analytic tasks that have benefited from the introduction of new technologies. Nonetheless, the college premium remains a dominant determinant of earnings differences at all levels of the polygenic score. Given the role of childhood SES in predicting college attainment, this raises concerns about wasted potential arising from limited household resources.

Labor Market Consequences of State Health Insurance Regulation

ILR Review ◽  
2002 ◽  
Vol 56 (1) ◽  
pp. 136-159 ◽  
Author(s):  
Robert Kaestner ◽  
Kosali Ilayperuma Simon
Keyword(s):  
Labor Market ◽  
Health Insurance ◽  
Private Insurance ◽  
Insurance Coverage ◽  
Labor Market Outcomes ◽  
Market Outcomes ◽  
Insurance Benefits ◽  
Insurance Reform ◽  
Health Insurance Reform ◽  
Group Health Insurance

This study, based mainly on the 1989–98 March Current Population surveys, finds that state-mandated health insurance benefits and small-group health insurance reform had no statistically significant effects on labor market outcomes such as the quantity of work, wages, and whether an employee worked for a small or large firm. The number and type of state-mandated health insurance benefits were unrelated to weeks of work, wages, and the prevalence of private insurance coverage, but positively associated with weekly work hours. Extensive small-group health insurance reform was associated with a slight decline in the prevalence of private insurance coverage in small firms, and this reform affected both full- and part-time employees. Less extensive reforms were not generally related to the prevalence of private insurance coverage. Overall, the authors do not find strong evidence that insurance regulations affected labor market outcomes, although they appear to cause a small decrease in private coverage.

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