Table 13

Share of Employment Decline Explained by Objective Health

	Men		Women
	ELSA	HRS	ELSA	HRS
Panel A: Blood Pressure Only
High school dropout	0.030^**	0.050^***	0.013	0.053^***
	(0.013)	(0.013)	(0.009)	(0.012)
High school	0.008	0.023^***	0.004	0.024^***
	(0.009)	(0.006)	(0.007)	(0.006)
College	0.007	0.034^***	0.005	0.035^***
	(0.009)	(0.010)	(0.010)	(0.009)
Panel B: Add Arthritis, Psychiatric, Lung
High school dropout	0.061^***	0.102^***	0.045^***	0.126^***
	(0.017)	(0.015)	(0.015)	(0.017)
High school	0.022^*	0.061^***	0.039^***	0.075^***
	(0.012)	(0.009)	(0.013)	(0.009)
College	0.024^*	0.062^***	0.004	0.056^***
	(0.013)	(0.014)	(0.016)	(0.015)
Panel C: Add Cancer, Diabetes, Stroke, Heart Attack
High school dropout	0.080^***	0.156^***	0.068^***	0.181^***
	(0.018)	(0.019)	(0.017)	(0.022)
High school	0.033^**	0.081^***	0.039^***	0.098^***
	(0.013)	(0.011)	(0.013)	(0.010)
College	0.038^**	0.096^***	0.012	0.075^***
	(0.015)	(0.017)	(0.016)	(0.016)
Panel D: Add Sight, Hearing—Full Specification
High school dropout	0.081^***	0.152^***	0.067^***	0.197^***
	(0.019)	(0.019)	(0.018)	(0.023)
High school	0.034^**	0.084^***	0.038^***	0.101^***
	(0.013)	(0.011)	(0.013)	(0.010)
College	0.038^**	0.100^***	0.017	0.073^***
	(0.015)	(0.017)	(0.016)	(0.017)
Sample sizes	4,692	5,777	6,957	9,199
	6,326	18,756	7,911	29,905
	3,362	9,238	2,759	9,682

Notes: All estimates include age, age-squared, wave dummies, and the full set of initial conditions. Standard errors are bootstrapped with 500 repetitions. Significance:
↵* p < 0.10,
↵** p < 0.05,
↵*** p < 0.01.