van Ooijen, Raun
[VerfasserIn]
;
Alessie, Rob J. M.
[Sonstige Person, Familie und Körperschaft];
Knoef, Marike
[Sonstige Person, Familie und Körperschaft]
Erschienen in:Netspar Discussion Paper ; No. 10/2015-062
Umfang:
1 Online-Ressource (35 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2743110
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 29, 2015 erstellt
Beschreibung:
We construct a health measurement model which combines panel data on self-reported health with a rich set of health measures from administrative medical records. Our estimated health model allows us to predict health status for the population at large. We account both for unobserved heterogeneity and for the persistence in unobserved health shocks. To account for inconsistent reporting in self-reported health we propose a model using two measures of self-reported health: the level of self reported health and the self-reported health change. We show that using both measures substantially increases the estimated persistence in health status. We use predicted health status to study the evolution of health as individuals age. Moreover, we analyze how health interacts with economic variables and education. We find a strong gradient in education; the age at which health starts to decline at a greater rate differs by education and gender