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Parental Income, Lifetime Income, and Mortality

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  • Mårten Palme
  • Sofia Sandgren

Abstract

This article studies the relation between parental economic resources and mortality later in life. We use a data set on a cohort of individuals born in 1928 in the county of Malmö in southern Sweden, which contains exceptionally detailed measures of parental household income from five years during the individuals' childhood between 1929 and 1942. The data also contain very rich information on individual earnings throughout these individuals' entire life cycle that allows us to construct a measure of lifetime earnings. Date and cause of death are obtained from national registers. Using Cox proportional hazard models, we find an inverse relationship between parental income and mortality, also when controlling for individual lifetime income and when studying those with high education separately. A competing risk analysis shows the relation between parental income and mortality to apply to cancer as the cause of death. (JEL: D31, I10, I12, J10) (c) 2008 by the European Economic Association.

Suggested Citation

  • Mårten Palme & Sofia Sandgren, 2008. "Parental Income, Lifetime Income, and Mortality," Journal of the European Economic Association, MIT Press, vol. 6(4), pages 890-911, June.
    • Handle: RePEc:tpr:jeurec:v:6:y:2008:i:4:p:890-911
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    References listed on IDEAS

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    Cited by:

    1. Bauer, Thomas K. & Giesecke, Matthias & Janisch, Laura, 2017. "Forced Migration and Mortality," IZA Discussion Papers 11116, Institute for the Study of Labor (IZA).
    2. Bastian Ravesteijn & Hans van Kippersluis & Mauricio Avendano & Pekka Martikainen & Hannu Vessari & Eddy van Doorslaer, 2017. "The Impact of Later Tracking on Mortality by Parental Income in Finland," Tinbergen Institute Discussion Papers 17-030/V, Tinbergen Institute.
    3. Torberg Falch & Sofia Sandgren Massih, 2011. "The Effect Of Education On Cognitive Ability," Economic Inquiry, Western Economic Association International, vol. 49(3), pages 838-856, July.
    4. Adermon, Adrian & Lindahl, Mikael & Waldenström, Daniel, 2016. "Intergenerational Wealth Mobility and the Role of Inheritance: Evidence from Multiple Generations," IZA Discussion Papers 10126, Institute for the Study of Labor (IZA).
    5. Hans-Martin von Gaudecker & Rembrandt D. Scholz, 2006. "Lifetime earnings and life expectancy," MPIDR Working Papers WP-2006-008, Max Planck Institute for Demographic Research, Rostock, Germany.
    6. Thomasson, Melissa A. & Fishback, Price V., 2014. "Hard times in the land of plenty: The effect on income and disability later in life for people born during the great depression," Explorations in Economic History, Elsevier, vol. 54(C), pages 64-78.
    7. Lindahl, Mikael & Palme, Mårten & Sandgren Massih, Sofia & Sjögren, Anna, 2011. "Transmission of Human Capital across Four Generations: Intergenerational Correlations and a Test of the Becker-Tomes Model," Working Paper Series 2011:18, Uppsala University, Department of Economics.
    8. Adriaan Kalwij & Rob Alessie & Marike Knoef, 2013. "The Association Between Individual Income and Remaining Life Expectancy at the Age of 65 in the Netherlands," Demography, Springer;Population Association of America (PAA), vol. 50(1), pages 181-206, February.
    9. Hans-Martin von Gaudecker & Rembrandt D. Scholz, 2007. "Differential mortality by lifetime earnings in Germany," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 17(4), pages 83-108, August.
    10. Joseph P. Ferrie & Karen Rolf, 2011. "Socioeconomic Status in Childhood and Health After Age 70: A New Longitudinal Analysis for the U.S., 1895-2005," NBER Working Papers 17016, National Bureau of Economic Research, Inc.
    11. Mai Dao & Prakash Loungani, 2010. "The Human Cost of Recessions; Assessing It, Reducing It," IMF Staff Position Notes 2010/17, International Monetary Fund.
    12. Ferrie, Joseph & Rolf, Karen, 2011. "Socioeconomic status in childhood and health after age 70: A new longitudinal analysis for the U.S., 1895–2005," Explorations in Economic History, Elsevier, vol. 48(4), pages 445-460.

    More about this item

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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