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Predictors of Mortality Among the Elderly

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  • Michael Hurd
  • Daniel McFadden
  • Angela Merrill

Abstract

The objective of this paper is to find the quantitative importance of some predictors of mortality among the population aged 70 or over. The predictors are socio-economic indicators (income, wealth and education), thirteen health indicators including a history of heart attack or cancer, and subjective probabilities of survival. The estimation is based on mortality between waves 1 and 2 of the Asset and Health Dynamics among the Oldest-Old study. We find that the relationship between socio-economic indicators and mortality declines with age 13 health indicators are strong predictors of mortality and that the subjective survival probabilities predict mortality even after controlling for socio-economic indicators and the health conditions.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 7440.

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Date of creation: Dec 1999
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Publication status: published as Predictors of Mortality among the Elderly , Michael D. Hurd, Daniel McFadden, Angela Merrill. in Themes in the Economics of Aging , Wise. 2001
Handle: RePEc:nbr:nberwo:7440

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  1. Michael D. Hurd & Daniel L. McFadden & Li Gan, 1998. "9. Subjective Survival Curves and Life Cycle Behavior," NBER Chapters, in: Inquiries in the Economics of Aging, pages 259-309 National Bureau of Economic Research, Inc.
  2. Michael D. Hurd, 1990. "Wealth Depletion and Life Cycle Consumption by the Elderly," NBER Working Papers 3472, National Bureau of Economic Research, Inc.
  3. Lillard, L.A. & Waite, L.J., 1996. "Marital Disruption and Mortality," Papers 96-01, RAND - Reprint Series.
  4. Nancy Jianakoplos & Paul Menchik & Owen Irvine, 1989. "Using Panel Data to Assess the Bias in Cross-sectional Inferences of Life-Cycle Changes in the Level and Composition of Household Wealth," NBER Chapters, in: The Measurement of Saving, Investment, and Wealth, pages 553-644 National Bureau of Economic Research, Inc.
  5. Michael D. Hurd & Daniel McFadden & Harish Chand & Li Gan & Angela Menill & Michael Roberts, 1998. "Consumption and Savings Balances of the Elderly: Experimental Evidence on Survey Response Bias," NBER Chapters, in: Frontiers in the Economics of Aging, pages 353-392 National Bureau of Economic Research, Inc.
  6. Hilary W. Hoynes & Michael D. Hurd & Harish Chand, 1998. "8. Household Wealth of the Elderly under Alternative Imputation Procedures," NBER Chapters, in: Inquiries in the Economics of Aging, pages 229-257 National Bureau of Economic Research, Inc.
  7. Hurd, Michael D, 1987. "Savings of the Elderly and Desired Bequests," American Economic Review, American Economic Association, vol. 77(3), pages 298-312, June.
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