Health Inequality over the Life-Cycle

被引：6

作者：

Halliday, Timothy ^{[1
]}

机构：

[1] Univ Hawaii Manoa, Honolulu, HI 96822 USA

来源：

B E JOURNAL OF ECONOMIC ANALYSIS & POLICY | 2011年 / 11卷 / 03期

基金：

美国国家卫生研究院;

关键词：

health; dynamic panel data models; variance decomposition; COVARIANCE STRUCTURE; STATE DEPENDENCE; INCOME; HETEROGENEITY; DYNAMICS;

D O I：

10.2202/1935-1682.2758

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We estimate a dynamic model of health that is rooted in 'stress models' from Epidemiology. Health is determined by time-invariant endowments, permanent shocks, and transitory shocks. We estimate that the variance in health at age 60 ranges between 2.5 and five times its variance at age 25 depending on which demographic group we consider. We show that the stress model performs better than a simple alternative, the random effects Probit, particularly for less educated people.

引用

页数：20

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