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Bound, John, Michael Schoenbaum, and Timothy A. Waidmann. 1995. "Race and Education Differences in Disability Status and Labor Force Attachment." PSC Research Report No. 95-332. June 1995.
The labor force participation rates of older, working-aged black men and men with lower levels of education have historically been signficantly lower than those of white men and men with more education. This paper uses data from the alpha release of the new Health and Retirement Survey (HRS) to examine the extent to which variation in health and job characteristics can account for these differences. Our analysis suggests that race and education differences in health status of middle-aged men can explain a substantial fraction of black/white differences in labor force attachment and essentially all of the gap between men with different levels of education.
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