Is it Money or Marriage that Keeps People Alive?
AbstractIt is believed that the length of a person's life depends on a mixture of economic and social factors. Yet the relative importance of these is still debated. We provide evidence in this paper that marriage has a much more important (positive) effect on longevity than high income does. For men, it almost exactly offsets the large negative effect of smoking. Economics, however, plays little or no role. After controlling for health at the start of the 1990s, we find no reliable evidence that income affects the probability of death over the subsequent decade.
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Bibliographic InfoPaper provided by Royal Economic Society in its series Royal Economic Society Annual Conference 2003 with number 161.
Date of creation: 04 Jun 2003
Date of revision:
mortality; health; income; marriage;
Find related papers by JEL classification:
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-06-16 (All new papers)
- NEP-HEA-2003-06-16 (Health Economics)
- NEP-LTV-2003-06-16 (Unemployment, Inequality & Poverty)
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- Nattavudh Powdthavee, 2004.
"Testing for Utility Interdependence in Marriage: Evidence from Panel Data,"
Labor and Demography
0403037, EconWPA, revised 01 Apr 2004.
- Powdthavee, Nattavudh, 2004. "Testing For Utility Interdependence In Marriage : Evidence From Panel Data," The Warwick Economics Research Paper Series (TWERPS) 705, University of Warwick, Department of Economics.
- Adeline Delavande & Michael Perry & Robert Willis, 2006. "Probabilistic Thinking and Early Social Security Claiming," Working Papers wp129, University of Michigan, Michigan Retirement Research Center.
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