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How Fast Do Old Men Slow Down?

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Author Info
Fair, Ray C

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Abstract

An important question in the study of aging concerns the rate at which people physically deteriorate with age. How much, for example, can be physically expected of, say, a healthy, non-injured 75-year-old man or woman relative to what he or she could do at age 45? This paper applies econometric techniques to data on men's track and field and road racing records by age to estimate the rate at which men slow down with age. Eight track, eight field, and eleven road racing events are considered. The main econometric technique used is a combination of the polynomial-spline method and the frontier-function method. A number of the events have been pooled to provide more efficient estimates. Copyright 1994 by MIT Press.

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Publisher Info
Article provided by MIT Press in its journal Review of Economics & Statistics.

Volume (Year): 76 (1994)
Issue (Month): 1 (February)
Pages: 103-18
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Handle: RePEc:tpr:restat:v:76:y:1994:i:1:p:103-18

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Web page: http://mitpress.mit.edu/journals/

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Schmidt, Peter, 1976. "On the Statistical Estimation of Parametric Frontier Production Functions," The Review of Economics and Statistics, MIT Press, vol. 58(2), pages 238-39, May. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Benoit Dostie, 2006. "Wages, Productivity and Aging," Cahiers de recherche 0645, CIRPEE. [Downloadable!]
    Other versions:
  2. Ray C. Fair, 2004. "Estimated Age Effects in Athletic Events and Chess," Cowles Foundation Discussion Papers 1495, Cowles Foundation, Yale University, revised Feb 2006. [Downloadable!]
  3. Ray C. Fair, 2005. "Estimated Age Effects in Baseball," Cowles Foundation Discussion Papers 1536, Cowles Foundation, Yale University, revised Mar 2007. [Downloadable!]
  4. Sumit Agarwal & John C. Driscoll & Xavier Gabaix & David Laibson, 2007. "The Age of Reason: Financial Decisions Over the Lifecycle," NBER Working Papers 13191, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. van Ours, Jan C., 2009. "Will You Still Need Me – When I'm 64?," IZA Discussion Papers 4264, Institute for the Study of Labor (IZA). [Downloadable!]
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