Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/21169
Authors: 
van Praag, Bernard M. S.
Ferrer-i-Carbonell, Ada
Year of Publication: 
2001
Series/Report no.: 
IZA Discussion paper series 314
Abstract: 
In this paper we evaluate the QALY losses, which are linked to the prevalence of specific chronic illnesses and impediments. The analysis is based on the individual self-rating health satisfaction question asked in the British Household Panel Survey data set. Our method is a refinement of the method of Cutler and Robertson (1997). First, we use more information regarding the relationship between the latent variable ?health? and its evaluation into observable QALY?s. Second, we allow the QALY loss caused by a illnesses to depend on age. For instance, according to our approach a 30 years old male suffering from diabetes would experience a QALY loss of 0.135 while this would be only 0.084, if the male is 60 years old.
Subjects: 
Chronic diseases
health satisfaction
QALY loss
QALY weight
JEL: 
I10
I12
Document Type: 
Working Paper

Files in This Item:
File
Size
106.06 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.