Consequences and Predictors of New Health Events

James Smith

No 10063, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Smith uses the HRS and AHEAD panels to examine the consequences of new health on a series of SES related outcomes- out-of-pocket labor supply, labor force activity, household income and wealth. For each of these outcomes, new severe health events have a significant effect although most of the impact on income and wealth takes place through labor supply and not not medical expenses. The paper also examines the ability of different measures of SES to predict the future onset of disease. The author finds no predictive effect of income or wealth but education does predict future onset even after controlling for current health status. The reasons for this continuing predictive effect of education are explored in the paper.

JEL-codes: I0 (search for similar items in EconPapers)
Date: 2003-11
New Economics Papers: this item is included in nep-edu
Note: AP
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (55)

Published as Consequences and Predictors of New Health Events , James Smith. in Analyses in the Economics of Aging , Wise. 2005

Downloads: (external link)
http://www.nber.org/papers/w10063.pdf (application/pdf)

Related works:
Chapter: Consequences and Predictors of New Health Events (2005)
Working Paper: Consequences and predictors of new health events (2003)
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:nbr:nberwo:10063

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w10063

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().