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Healthy Aging at Older Ages: Are Income and Education Important?

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Author Info
Neil J. Buckley
Frank T. Denton
A. Leslie Robb
Byron G. Spencer

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Abstract

Being higher on the socioeconomic scale is correlated with being in better health, but is there is a causal relationship? Using three years of longitudinal data for individuals aged 50 and older from the Canadian Survey of Labour and Income Dynamics, we study the health transitions for those who were in good health in the first year, focussing especially on income and education. The initial good health restriction removes from the sample those whose incomes may have been affected by a previous history of poor health, thus avoiding a well known problem of econometric endogeneity. We then ask, for those in good health, whether later transitions in health status are related to socioeconomic status. We find that they are that changes in health status over the subsequent two years are related in particular to income and education.

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File URL: http://socserv.mcmaster.ca/qsep/p/qsep392.pdf
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Publisher Info
Paper provided by McMaster University in its series Quantitative Studies in Economics and Population Research Reports with number 392.

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Length: 40 pages
Date of creation: Dec 2004
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Handle: RePEc:mcm:qseprr:392

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Related research
Keywords: aging; health; income; education;

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Find related papers by JEL classification:
I12 - Health, Education, and Welfare - - Health - - - Health Production

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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. James P. Smith, 1999. "Healthy Bodies and Thick Wallets: The Dual Relation between Health and Economic Status," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 145-166, Spring. [Downloadable!] (restricted)
  2. Adda, Jerome & Chandola, Tarani & Marmot, Michael, 2003. "Socio-economic status and health: causality and pathways," Journal of Econometrics, Elsevier, vol. 112(1), pages 57-63, January. [Downloadable!] (restricted)
  3. Adams, Peter & Hurd, Michael D. & McFadden, Daniel & Merrill, Angela & Ribeiro, Tiago, 2003. "Healthy, wealthy, and wise? Tests for direct causal paths between health and socioeconomic status," Journal of Econometrics, Elsevier, vol. 112(1), pages 3-56, January. [Downloadable!] (restricted)
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  4. Neil J. Buckley & Frank T. Denton & A. Leslie Robb & Byron G. Spencer, 2003. "The Transition from Good to Poor Health: An Econometric Study of the Older Population," Social and Economic Dimensions of an Aging Population Research Papers 94, McMaster University. [Downloadable!]
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  5. Poterba, James M., 2003. "Some observations on health status and economic status," Journal of Econometrics, Elsevier, vol. 112(1), pages 65-67, January. [Downloadable!] (restricted)
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Cited by:
(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. Daniel Béland, 2006. "What Ownership Society: Debating Housing and Social Security Reform in the United States," Social and Economic Dimensions of an Aging Population Research Papers 150, McMaster University. [Downloadable!]
  2. Stephen Birch & George Kephart & Gail Tomblin-Murphy & Linda O'Brien-Pallas & Rob Alder & Adrian MacKenzie, 2007. "Health human resources planning and the production of health: Development of an extended analytical framework for needs-based health human resources planning," Social and Economic Dimensions of an Aging Population Research Papers 168, McMaster University. [Downloadable!]
  3. Isik U. Zeytinoglu & Margaret Denton, 2006. "Satisfied Workers, Retained Workers: Effects of Work and Work Environment on Homecare Workers' Job Satisfaction, Stress, Physical Health, and Retention," Social and Economic Dimensions of an Aging Population Research Papers 166, McMaster University. [Downloadable!]
  4. Neil J Buckley & Frank T Denton & A Leslie Robb & Byron G Spencer, 2005. "Socioeconomic Influences on the Health of Older Canadians: Estimates Based on Two Longitudinal Surveys," Social and Economic Dimensions of an Aging Population Research Papers 139, McMaster University. [Downloadable!]
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  5. Margaret Denton & Linda Boos, 2007. "Gender Inequality in the Wealth of Older Canadians," Social and Economic Dimensions of an Aging Population Research Papers 169, McMaster University. [Downloadable!]
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