Poor Health and the Labour Supply of Senior Workers
In this paper, we aim to further explore this hypothesis. In line with Boot et al (2014) we adopt a stratified approach, whereby we apply a similar explanatory model to two sub-samples, extracted according to the health status of individuals. However, we promose a more sophisticated analytical model, which recognises the presence of a selection bias (Heckman, 1979) in the analysis of the labour suply of senior worker. Our data suggests that the presence of multimorbidities has a stronger effect on the number of hours women perform, than on their decision of participating in the labour market. Our results also suggest that, for healthy seniors, the heavier the burden of care, the stronger the reduction in the number of hour reported. This is however not the case for people with multimorbidities. Finally, our results also suggest that investment in the prevention of mental health problems would have particularly positive effects in promoting the labour market participation of senior workers with multimorbidities.