Controlling for endogeneity in the health-socioeconomic status relationship of the near retired
Although there is a strong correlation between health and socioeconomic status (SES), the direction of causation is not empirically clear. This study a uses a two stage methodology to control for endogeneity. Using data from the U.S. Health and Retirement Study, the results show that after controlling for endogeneity, labor force status turns out to be an even more important factor in determining health than in the case where endogeneity is not controlled for. In particular, unemployment generates much higher odds for worse health as measured by both subjective and objective health measures.
Volume (Year): 38 (2009)
Issue (Month): 6 (December)
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/inca/620175|
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.:
- Wilkinson, Richard G & Pickett, Kate E., 2006. "Income inequality and population health: A review and explanation of the evidence," Social Science & Medicine, Elsevier, vol. 62(7), pages 1768-1784, April.
- Rahkonen, Ossi & Lahelma, Eero & Huuhka, Minna, 1997. "Past or present? Childhood living conditions and current socioeconomic status as determinants of adult health," Social Science & Medicine, Elsevier, vol. 44(3), pages 327-336, February.
- Daniel S. Hamermesh, 1999.
"The Changing Distribution of Job Satisfaction,"
NBER Working Papers
7332, National Bureau of Economic Research, Inc.
- Bender, Keith A. & Habermalz, Steffen, 2005.
"Are There Differences in the Health-Socioeconomic Status Relationship over the Life Cycle? Evidence from Germany,"
IZA Discussion Papers
1560, Institute for the Study of Labor (IZA).
- Keith A. Bender & Steffen Habermalz, 2008. "Are There Differences in the Health- Socio-economic Status Relationship over the Life Cycle? Evidence from Germany," LABOUR, CEIS, vol. 22(1), pages 107-125, 03.
- Morrell, S. & Taylor, R. & Quine, S. & Kerr, C. & Western, J., 1994. "A cohort study of unemployment as a cause of psychological disturbance in Australian youth," Social Science & Medicine, Elsevier, vol. 38(11), pages 1553-1564, June.
- van Doorslaer, Eddy & Wagstaff, Adam & Bleichrodt, Han & Calonge, Samuel & Gerdtham, Ulf-G. & Gerfin, Michael & Geurts, Jose & Gross, Lorna & Hakkinen, Unto & Leu, Robert E., 1997. "Income-related inequalities in health: some international comparisons," Journal of Health Economics, Elsevier, vol. 16(1), pages 93-112, February.
- Ecob, Russell & Davey Smith, George, 1999. "Income and health: what is the nature of the relationship?," Social Science & Medicine, Elsevier, vol. 48(5), pages 693-705, March.
- Theodossiou, I., 1998. "The effects of low-pay and unemployment on psychological well-being: A logistic regression approach," Journal of Health Economics, Elsevier, vol. 17(1), pages 85-104, January.
- Michael Hurd & Arie Kapteyn, 2003.
"Health, Wealth, and the Role of Institutions,"
Journal of Human Resources,
University of Wisconsin Press, vol. 38(2).
- Grundy, Emily & Holt, Gemma, 2000. "Adult life experiences and health in early old age in Great Britain," Social Science & Medicine, Elsevier, vol. 51(7), pages 1061-1074, October.
- Anders Björklund, 1985.
"Unemployment and Mental Health: Some Evidence from Panel Data,"
Journal of Human Resources,
University of Wisconsin Press, vol. 20(4), pages 469-483.
- Björklund, Anders, 1984. "Unemployment and Mental Health: Some Evidence from Panel Data," Working Paper Series 120, Research Institute of Industrial Economics.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
- Martelin, Tuija, 1994. "Mortality by indicators of socioeconomic status among the finnish elderly," Social Science & Medicine, Elsevier, vol. 38(9), pages 1257-1278, May.
- Gerlach, Knut & Stephan, Gesine, 1996. "A paper on unhappiness and unemployment in Germany," Economics Letters, Elsevier, vol. 52(3), pages 325-330, September.
- Smith, J-P & Kington, R, 1997.
"Demographic and Economic Correlates of Health in Old Age,"
97-06, RAND - Reprint Series.
- James Smith & Raynard Kington, 1997. "Demographic and economic correlates of health in old age," Demography, Springer, vol. 34(1), pages 159-170, February.
- James P. Smith & Raynard Kington, 2004. "Demographic and Economic Correlates of Health in Old Age," Labor and Demography 0408008, EconWPA.
- 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.
- 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.
- Peter Adams & Michael D. Hurd & Daniel L. McFadden & Angela Merrill & Tiago Ribeiro, 2004. "Healthy, Wealthy, and Wise? Tests for Direct Causal Paths between Health and Socioeconomic Status," NBER Chapters, in: Perspectives on the Economics of Aging, pages 415-526 National Bureau of Economic Research, Inc.
- Andersson, Pernilla, 2008. "Happiness and health: Well-being among the self-employed," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(1), pages 213-236, February.
- Christopher J. Ruhm, 2000.
"Are Recessions Good for Your Health?,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 115(2), pages 617-650.
- Winkelmann, Liliana & Winkelmann, Rainer, 1998. "Why Are the Unemployed So Unhappy? Evidence from Panel Data," Economica, London School of Economics and Political Science, vol. 65(257), pages 1-15, February.
- Hammarström, Anne, 1994. "Health consequences of youth unemployment--review from a gender perspective," Social Science & Medicine, Elsevier, vol. 38(5), pages 699-709, March.
- Chapman, Kenneth S & Hariharan, Govind, 1994. "Controlling for Causality in the Link from Income to Mortality," Journal of Risk and Uncertainty, Springer, vol. 8(1), pages 85-93, January.
When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:38:y:2009:i:6:p:977-987. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.