Record Details

Effect of Smoking and other Economic Variables on Wages in the Euro Area.

Journal of Economics Bibliography

View Archive Info
 
 
Field Value
 
Title Effect of Smoking and other Economic Variables on Wages in the Euro Area.
 
Creator BONDZIE, Eric A.; Università Cattolica del Sacro Cuore-Milan
 
Subject Smoking; Wages differentials; Econometric approaches and Euro Area.
C18; I12; J31; O51.
 
Description Abstract. The smoking effects on wages has been examined in this work using different econometric methodologies with the use of European Community Household Panel (ECHP) datasets. We employ econometric tools like Instrumental Variable technique, Heckman correction factor, Endogenous Switching and matching estimates. The initial results from regression estimates (OLS and IV methods) revealed that the wage gap between smokers and non-smokers ranges 1% to 22.7%. Moreover, endogenous switching and matching estimator also showed a negative average treatment effect of approximately 47% and 4.3% to 6.9% respectively. Thus smokers observed less wage effects is explained in part by real effects on their health status and a measure of unobserved preferences.Keywords. Smoking, Wages Differentials, Econometric Approaches and Euro Area.JEL. C18, I12, J31, O51.
 
Publisher Journal of Economics Bibliography
 
Contributor —
 
Date 2016-03-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEB/article/view/665
10.1453/jeb.v3i1.665
 
Source Journal of Economics Bibliography; Vol 3, No 1 (2016): March; 38-52
2149-2387
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEB/article/view/665/710
 
Rights Copyright (c) 2016 Journal of Economics Bibliography
http://creativecommons.org/licenses/by-nc/4.0