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Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect

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Listed:
  • Hanming Fang
  • Michael Keane
  • Ahmed Khwaja,
  • Martin Salm
  • Dan Silverman

    (Munich Center for the Economics of Aging (MEA))

Abstract

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Suggested Citation

  • Hanming Fang & Michael Keane & Ahmed Khwaja, & Martin Salm & Dan Silverman, 2006. "Testing the Mechanisms of Structural Models: The Case of the Mickey Mantle Effect," MEA discussion paper series 06113, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    • Handle: RePEc:mea:meawpa:06113
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    References listed on IDEAS

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    1. Robert B. Barsky & Miles S. Kimball & F. Thomas Juster & Matthew D. Shapiro, 1995. "Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Survey," NBER Working Papers 5213, National Bureau of Economic Research, Inc.
    2. V. Kerry Smith & Donald H. Taylor & Frank A. Sloan, 2001. "Longevity Expectations and Death: Can People Predict Their Own Demise?," American Economic Review, American Economic Association, vol. 91(4), pages 1126-1134, September.
    3. Michael P. Keane & Kenneth I. Wolpin, 2007. "Exploring The Usefulness Of A Nonrandom Holdout Sample For Model Validation: Welfare Effects On Female Behavior," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 48(4), pages 1351-1378, November.
    4. David E. Bloom & David Canning & Michael Moore & Younghwan Song, 2007. "The Effect of Subjective Survival Probabilities on Retirement and Wealth in the United States," Chapters, in: Robert L. Clark & Naohiro Ogawa & Andrew Mason (ed.), Population Aging, Intergenerational Transfers and the Macroeconomy, chapter 4, Edward Elgar Publishing.
    5. Michael D. Hurd & Kathleen McGarry, 1995. "Evaluation of the Subjective Probabilities of Survival in the Health and Retirement Study," Journal of Human Resources, University of Wisconsin Press, vol. 30, pages 268-292.
    6. Ahmed W. Khwaja, 2001. "Health Insurance, Habits and Health Outcomes: A Dynamic Stochastic Model of Investment in Health," Computing in Economics and Finance 2001 166, Society for Computational Economics.
    7. Michael D. Hurd & Kathleen McGarry, 2002. "The Predictive Validity of Subjective Probabilities of Survival," Economic Journal, Royal Economic Society, vol. 112(482), pages 966-985, October.
    8. Robert B. Barsky & F. Thomas Juster & Miles S. Kimball & Matthew D. Shapiro, 1997. "Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study," The Quarterly Journal of Economics, Oxford University Press, vol. 112(2), pages 537-579.
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    Cited by:

    1. Binswanger, Johannes & Salm, Martin, 2013. "Does Everyone Use Probabilities? Intuitive and Rational Decisions about Stockholding," IZA Discussion Papers 7265, Institute of Labor Economics (IZA).
    2. Friedson, Andrew & Li, Moyan & Meckel, Katherine & Rees, Daniel I. & Sacks, Daniel W., 2023. "Cigarette taxes, smoking, and health in the long run," Journal of Public Economics, Elsevier, vol. 222(C).
    3. Celidoni, Martina & Costa-Font, Joan & Salmasi, Luca, 2022. "Too Healthy to Fall Sick? Longevity Expectations and Protective Health Behaviours during the First Wave of COVID-19," Journal of Economic Behavior & Organization, Elsevier, vol. 202(C), pages 733-745.
    4. Chen, Xi, 2018. "Smog, Cognition and Real-World Decision Making," GLO Discussion Paper Series 266, Global Labor Organization (GLO).
    5. Fossen, Frank M. & Glocker, Daniela, 2017. "Stated and revealed heterogeneous risk preferences in educational choice," European Economic Review, Elsevier, vol. 97(C), pages 1-25.
    6. DiNardo, John & Lee, David S., 2011. "Program Evaluation and Research Designs," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 5, pages 463-536, Elsevier.
    7. Huynh, Kim P. & Jung, Juergen, 2015. "Subjective health expectations," Journal of Policy Modeling, Elsevier, vol. 37(4), pages 693-711.
    8. Zheng, Xiaoyong & Zhen, Chen, 2008. "Healthy food, unhealthy food and obesity," Economics Letters, Elsevier, vol. 100(2), pages 300-303, August.
    9. Petra Baji & Anikó Bíró, 2018. "Adaptation or recovery after health shocks? Evidence using subjective and objective health measures," Health Economics, John Wiley & Sons, Ltd., vol. 27(5), pages 850-864, May.
    10. Sigrid M. Mohnen & Sven Schneider & Mariël Droomers, 2019. "Neighborhood characteristics as determinants of healthcare utilization – a theoretical model," Health Economics Review, Springer, vol. 9(1), pages 1-9, December.
    11. John DiNardo & David S. Lee, 2010. "Program Evaluation and Research Designs," Working Papers 1228, Princeton University, Department of Economics, Industrial Relations Section..
    12. Friedrich Breyer & Normann Lorenz & Thomas Niebel, 2015. "Health care expenditures and longevity: is there a Eubie Blake effect?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 16(1), pages 95-112, January.
    13. Huynh, Kim P. & Jung, Juergen, 2015. "Subjective health expectations," Journal of Policy Modeling, Elsevier, vol. 37(4), pages 693-711.
    14. Celidoni, Martina & Costa-Font, Joan & Salmasi, Luca, 2022. "Too healthy to fall sick? Longevity expectations and protective health behaviours during the first wave of COVID-19," LSE Research Online Documents on Economics 115979, London School of Economics and Political Science, LSE Library.
    15. Botao Yang & Andrew T. Ching, 2014. "Dynamics of Consumer Adoption of Financial Innovation: The Case of ATM Cards," Management Science, INFORMS, vol. 60(4), pages 903-922, April.
    16. Martin Salm, 2010. "Subjective mortality expectations and consumption and saving behaviours among the elderly," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 43(3), pages 1040-1057, August.

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