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.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 38 (2009)
Issue (Month): 6 (December)
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/inca/620175|
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.:
- repec:tpr:qjecon:v:115:y:2000:i:2:p:617-650 is not listed on IDEAS
- Daniel S. Hamermesh, 1999.
"The Changing Distribution of Job Satisfaction,"
NBER Working Papers
7332, National Bureau of Economic Research, Inc.
- James P. Smith & Raynard Kington, 2004.
"Demographic and Economic Correlates of Health in Old Age,"
Labor and Demography
- James Smith & Raynard Kington, 1997. "Demographic and economic correlates of health in old age," Demography, Springer, vol. 34(1), pages 159-170, February.
- Smith, J-P & Kington, R, 1997. "Demographic and Economic Correlates of Health in Old Age," Papers 97-06, RAND - Reprint Series.
- 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.
- 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.
- Christopher J. Ruhm, 1996.
"Are Recessions Good For Your Health?,"
NBER Working Papers
5570, National Bureau of Economic Research, Inc.
- 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.
- 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.
- Clark, Andrew E & Oswald, Andrew J, 1994. "Unhappiness and Unemployment," Economic Journal, Royal Economic Society, vol. 104(424), pages 648-59, May.
- 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.
- Hammarström, Anne, 1994. "Health consequences of youth unemployment--review from a gender perspective," Social Science & Medicine, Elsevier, vol. 38(5), pages 699-709, March.
- 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.
- Martelin, Tuija, 1994. "Mortality by indicators of socioeconomic status among the finnish elderly," Social Science & Medicine, Elsevier, vol. 38(9), pages 1257-1278, May.
- 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.
- Gerlach, Knut & Stephan, Gesine, 1996. "A paper on unhappiness and unemployment in Germany," Economics Letters, Elsevier, vol. 52(3), pages 325-330, September.
- 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.
- Michael Hurd & Arie Kapteyn, 2003.
"Health, Wealth, and the Role of Institutions,"
Journal of Human Resources,
University of Wisconsin Press, vol. 38(2).
- Björklund, Anders, 1984.
"Unemployment and Mental Health: Some Evidence from Panel Data,"
Working Paper Series
120, Research Institute of Industrial Economics.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
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.