Health Inequality over the Life-Cycle

Timothy Halliday

No 2011-11R, Working Papers from University of Hawaii Economic Research Organization, University of Hawaii at Manoa

Abstract: We consider the covariance structure of health. Agents report their health status on the basis of a latent health stock that is determined by permanent and transitory shocks, and time invariant fixed effects. At age 25, permanent shocks account for 5% to 10% of the variation in health. At age 60, this percentage rise to between 60% and 80%. We document a gradient in which permanent shocks matter less for college-educated people and for women.

Keywords: health; dynamic panel data models; variance decomposition (search for similar items in EconPapers)
JEL-codes: C5 I1 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2009-08, Revised 2011-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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https://uhero.hawaii.edu/wp-content/uploads/2019/08/WP_2011-11R.pdf First version, 2009 (application/pdf)

Related works:
Journal Article: Health Inequality over the Life-Cycle (2011)
Working Paper: Health Inequality over the Life-Cycle (2011)
Working Paper: Health Inequality over the Life-Cycle (2009)
Working Paper: Health Inequality over the Life-Cycle (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hae:wpaper:2011-11r

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