Economic Disability and Health Determinants of the Hazard of Nursing Home Entry

Alvin E. Headen

Journal of Human Resources, 1993, vol. 28, issue 1, 80-110

Abstract: A Cox proportional hazards model was used to estimate economic determinants of the conditional probability of first nursing home entry during a 34-month period for a panel of disabled older persons who resided in the community at the initial survey. Allowing for death that competes with first entry and end-of-survey censoring produced the following results. Wealth significantly reduces the hazard of nursing home entry. The price elasticity of the hazard of nursing home entry is estimated to be -0.7. Also, nursing home entry is positively related to the opportunity cost of informal caregiver time faced by the family.

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.jstor.org/stable/pdfplus/146089
A subscription is required to access pdf files. Pay per article is available.

Related works:
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: https://EconPapers.repec.org/RePEc:uwp:jhriss:v:28:y:1993:i:1:p:80-110

Access Statistics for this article

More articles in Journal of Human Resources from University of Wisconsin Press
Bibliographic data for series maintained by ().