Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/114050
Authors: 
Ahammer, Alexander
Horvath, Thomas
Winter-Ebmer, Rudolf
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 9176
Abstract: 
We analyze the effect of income on mortality in Austria using administrative social security data. To tackle potential endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments for actual wages. While we do find quantitatively small yet statistically significant effects in our naïve least squares estimations, IV regressions reveal a robust zero-effect of income on ten-year death rates for prime-age workers, both in terms of coefficient magnitude and statistical significance. These results are robust to a number of different sample specifications and both linear and non-linear estimation methods.
Subjects: 
income
mortality
wage decomposition
JEL: 
J14
J31
I10
Document Type: 
Working Paper

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