Is There A Tradeoff between Employer-Provided Health Insurance and Wages?
نویسنده
چکیده
Though most of the literature in health insurance and the labor market assumes a tradeoff between employerprovided health insurance and wages, its empirical validity has not been established. Employing Current Population Survey 2004 data, this paper assesses the tradeoff hypothesis in a distributional analysis framework using stochastic dominance tests. In addition, it contributes to the previous literature by incorporating an indirect effect of health insurance on wages into the analysis. Health insurance not only directly affects wages, but also indirectly by improving individual productivity. The results confirm the existence of a tradeoff for full time working wives, and explain why the previous literature fails to do so. JEL: C12, C14, D31, I11, J3
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تاریخ انتشار 2005