Template-type: ReDIF-Paper 1.0
Author-Name: Belloni, Michele  
Author-Email: michele.belloni@unito.it
Author-Name: Simonetti, Irene
Author-Email: irene.simonetti@unive.it  
Author-Name: Zantomio, Francesca 
Author-Email: francesca.zantomio@unive.it 
Author-Workplace-Name: University of Turin
Author-Workplace-Homepage: http://www.est.unito.it/
Title: Long-run effects of health shocks in a highly regulated labour market
Abstract: Based on administrative data covering employment, social security and hospital record histories, we investigate the effect of acute cardiovascular health shocks 
resulting in unplanned hospitalisation, on blue collars’ long-term labour outcomes in Italy.
The Italian institutional setting, characterised by a highly regulated labour market and high job protection, is different from that of countries - mainly Nordic and Anglo-Saxon
-covered in previous studies. We apply matching and parametric regression techniques to remove possible bias arising from observable and time-invariant unobservable confounders. 
Results point at sizeable and persistent reductions in employment and labour income, while hours and wage adjustments appear limited. Whereas a relatively generous
social insurance system might compensate the earnings loss, our findings question the appropriateness of existing labour inclusion policies.
Length: pages 53
Creation-Date: 2019-11
File-URL: https://www.est.unito.it/do/home.pl/Download?doc=/allegati/wp2019dip/wp_22_2019.pdf
File-Format: Application/PDF
Handle: RePEc:uto:dipeco:201922