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来源类型Working Paper
规范类型报告
DOI10.3386/w17273
来源IDWorking Paper 17273
\"Healthy, Wealthy and Wise?\" Revisited: An Analysis of the Causal Pathways from Socio-economic Status to Health
Till Stowasser; Florian Heiss; Daniel McFadden; Joachim Winter
发表日期2011-08-04
出版年2011
语种英语
摘要Much has been said about the stylized fact that the economically successful are not only wealthier but also healthier than the less affluent. There is little doubt about the existence of this socio-economic gradient in health, but there remains a vivid debate about its source. In this paper, we review the methodological challenges involved in testing the causal relationships between socio-economic status and health. We describe the approach of testing for the absence of causal channels developed by Adams et al. (2003) that seeks identification without the need to isolate exogenous variation in economic variables, and we repeat their analysis using the full range of data that have become available in the Health and Retirement Study since, both in terms of observations years and age ranges covered. This analysis shows that causal inference critically depends on which time periods are used for estimation. Using the information of longer panels has the greatest effect on results. We find that SES causality cannot be ruled out for a larger number of health conditions than in the original study. An approach based on a reduced-form interpretation of causality thus is not very informative, at least as long as the confounding influence of hidden common factors is not fully controlled.
主题Econometrics ; Estimation Methods ; Health, Education, and Welfare ; Health ; Poverty and Wellbeing ; Labor Economics ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w17273
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/574948
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Till Stowasser,Florian Heiss,Daniel McFadden,et al. \"Healthy, Wealthy and Wise?\" Revisited: An Analysis of the Causal Pathways from Socio-economic Status to Health. 2011.
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