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Title:Health inequality over the life-cycle PDF Logo
Authors:Halliday, Timothy J.
Issue Date:2009
Series/Report no.:IZA Discussion Papers 4369
Abstract:We investigate the evolution of health inequality over the life-course. Health is modeled as a latent variable that is determined by three factors: endowments, and permanent and transitory shocks. We employ Simulated Minimum Distance and the Panel Study of Income Dynamics to estimate the model. We estimate that permanent shocks account for under 10% of the total variation in health for the college educated, but between 35% and 70% of total health variability for people without college degrees. Consistent with this, we find that health inequality moves substantially more slowly over the life-course for the college educated.
Subjects:Health
dynamic panel data models
variance decomposition
JEL:I1
C5
Persistent Identifier of the first edition:urn:nbn:de:101:1-2009100235
Document Type:Working Paper
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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