Mortality, Education, Income, and Inequality among American Cohorts
AbstractPeople whose family income was less than $5,000 in 1980 could expect to live about 25 percent fewer years than people whose family income was greater than $50,000. We explore this finding using both individual data and a panel of aggregate birth cohorts observed from 1975 to 1995. We assume that health status is determined by social status, defined as income relative to the mean income of a reference group. When reference groups are not observed, health is a function of income whose slope (the gradient) depends on the ratio of within to between-group inequality. We derive results on how this relationship changes at different levels of aggregation. Our results on individuals show that income reduces the risk of death, and does so even controlling for education. Only some of the effect of income can plausibly be attributed to the reduction in earnings of those about to die. The panel of cohorts also shows a strongly protective effect of income, but there is evidence that cyclical increases in income may raise mortality, even when the long-run effects of income are in the opposite direction. There is no evidence that recent increases in inequality raised mortality beyond what it would otherwise have been.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7140.
Date of creation: May 1999
Date of revision:
Publication status: published as Wise, David A. (ed.) The Economics of Aging, Vol. 8. Chicago: Universityof Chicago Press for NBER, 2001.
Note: HC AG
Contact details of provider:
Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Web page: http://www.nber.org
More information through EDIRC
Other versions of this item:
- Angus S. Deaton & Christina Paxson, 2001. "Mortality, Education, Income, and Inequality among American Cohorts," NBER Chapters, in: Themes in the Economics of Aging, pages 129-170 National Bureau of Economic Research, Inc.
- Angus Deaton & Christina Paxson, 1999. "Mortality, education, income and inequality among American cohorts," Working Papers 279, Princeton University, Woodrow Wilson School of Public and International Affairs, Center for Health and Wellbeing..
- I1 - Health, Education, and Welfare - - Health
This paper has been announced in the following NEP Reports:
- NEP-ALL-1999-06-08 (All new papers)
- NEP-EDU-1999-06-08 (Education)
- NEP-HEA-1999-06-08 (Health Economics)
- NEP-LAB-1999-06-08 (Labour Economics)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.