Missing Work Is a Pain
研究了止痛药Cox-2抑制剂(如万络)的上市和撤市如何影响关节疼痛患者的病假和残疾津贴领取,发现药物可用性显著改变劳动供给。
How does medical innovation affect labor supply? We analyze how the availability of Cox-2 inhibitors, \npharmaceuticals used for treating pain and inflammation, affected the sickness absence and disability \npension receipt of individuals with joint pain. We exploit the market entry of the Cox-2 inhibitor Vioxx \nand its sudden market withdrawal as exogenous sources of variation in drug use. Using Norwegian \nadministrative data, we find Vioxx’s entry decreased quarterly sickness absence days among individuals \nwith joint pain by 7-11 percent. The withdrawal increased sickness days by 12-21 percent and increased \nthe quarterly probability of receiving disability benefits by 0.4-0.6 percentage points.