Predictors of Mortality Among the Elderly
Michael Hurd (),
Daniel McFadden and
No 7440, NBER Working Papers from National Bureau of Economic Research, Inc
The objective of this paper is to find the quantitative importance of some predictors of mortality among the population aged 70 or over. The predictors are socio-economic indicators (income, wealth and education), thirteen health indicators including a history of heart attack or cancer, and subjective probabilities of survival. The estimation is based on mortality between waves 1 and 2 of the Asset and Health Dynamics among the Oldest-Old study. We find that the relationship between socio-economic indicators and mortality declines with age 13 health indicators are strong predictors of mortality and that the subjective survival probabilities predict mortality even after controlling for socio-economic indicators and the health conditions.
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Published as Predictors of Mortality among the Elderly , Michael D. Hurd, Daniel McFadden, Angela Merrill. in Themes in the Economics of Aging , Wise. 2001
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Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:7440
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