| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16389 |
| 来源ID | Working Paper 16389 |
| The Asset Cost of Poor health | |
| James M. Poterba; Steven F. Venti; David A. Wise | |
| 发表日期 | 2010-09-23 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper examines the correlation between poor health and asset accumulation for households in the first nine waves of the Health and Retirement Survey. Rather than enumerating the specific costs of poor health, such as out of pocket medical expenses or lost earnings, we estimate how the evolution of household assets is related to poor health. We construct a simple measure of health status based on the first principal component of HRS survey responses on self-reported health status, diagnoses, ADLs, IADL, and other indicators of underlying health. Our estimates suggest large and substantively important correlations between poor health and asset accumulation. We compare persons in each 1992 asset quintile who were in the top third of the 1992 distribution of latent health with those in the same 1992 asset quintile who were in the bottom third of the latent health distribution. By 2008, those in the top third of the health distribution had accumulated, on average, more than 50 percent more assets than those in the bottom third of the health distribution. This "asset cost of poor health" appears to be larger for persons with substantial 1992 asset balances than for those with lower balances. |
| 主题 | Macroeconomics ; Consumption and Investment ; Public Economics ; Labor Economics ; Demography and Aging |
| URL | https://www.nber.org/papers/w16389 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574064 |
| 推荐引用方式 GB/T 7714 | James M. Poterba,Steven F. Venti,David A. Wise. The Asset Cost of Poor health. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16389.pdf（265KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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