Health Inequality over the Life-Cycle

Timothy J. Halliday

No 200908, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: We investigate the evolution of health inequality over the life-course. Health is modeled as a latent variable that is determined by three factors: endowments, and permanent and transitory shocks. We employ Simulated Minimum Distance and the Panel Study of Income Dynamics to estimate the model. We estimate that permanent shocks account for under 10% of the total variation in health for the colleged educated, but between 35% and 70% of total health variability for people without college degrees. Consistent with this, we find that health inequality moves substantially more slowly over the life-course for the college educated.

Keywords: health; dynamic panel data models; variance decomposition (search for similar items in EconPapers)
JEL-codes: I1 C5 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hea and nep-pke
Date: 2009-08-10
View list of references

Downloads: (external link)
http://www.economics.hawaii.edu/research/workingpapers/WP_09-8.pdf First version, 2009 (application/pdf)

Related works:
Working Paper: Health Inequality over the Life-Cycle (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:hai:wpaper:200908

Ordering information: This working paper can be ordered from
http://www.economics ... s/workingpapers.html

Access Statistics for this paper

More papers in Working Papers from University of Hawaii at Manoa, Department of Economics
Contact information at EDIRC.
Series data maintained by Web Technician ().