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Age-Differentiated QALY Losses

  • van Praag, Bernard M. S.

    ()

    (University of Amsterdam)

  • Ferrer-i-Carbonell, Ada

    ()

    (IAE Barcelona (CSIC))

In this paper we evaluate the QALY losses, which are linked to the prevalence of specific chronic illnesses and impediments. The analysis is based on the individual self-rating health satisfaction question asked in the British Household Panel Survey data set. Our method is a refinement of the method of Cutler and Robertson (1997). First, we use more information regarding the relationship between the latent variable ‘health’ and its evaluation into observable QALY’s. Second, we allow the QALY loss caused by a illnesses to depend on age. For instance, according to our approach a 30 years old male suffering from diabetes would experience a QALY loss of 0.135 while this would be only 0.084, if the male is 60 years old.

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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 314.

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Length: 25 pages
Date of creation: Jun 2001
Date of revision:
Handle: RePEc:iza:izadps:dp314
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  1. Andersson, Fredrik & Konrad, Kai A., 2002. "Human capital investment and globalization in extortionary states
    [Humankapitalinvestitionen und Globalisierung in Ausbeutungsstaaten]
    ," Discussion Papers, Research Unit: Market Processes and Governance FS IV 02-01, Social Science Research Center Berlin (WZB).
  2. Andersson, Fredrik & Konrad, Kai A., 2001. "Globalization and Human Capital Formation," CEPR Discussion Papers 2657, C.E.P.R. Discussion Papers.
  3. Fuess, Jr., Scott M. & Millea, Meghan, 2001. "Pay and Productivity in a Corporatist Economy: Evidence from Austria," IZA Discussion Papers 244, Institute for the Study of Labor (IZA).
  4. Bardasi, Elena & Francesconi, Marco, 2000. "The effect of non-standard employment on mental health in Britain," ISER Working Paper Series 2000-37, Institute for Social and Economic Research.
  5. Faggio, Giulia & Konings, Jozef, 2001. "Job Creation, Job Destruction and Employment Growth in Transition Countries in the 90's," IZA Discussion Papers 242, Institute for the Study of Labor (IZA).
  6. Dustmann, Christian & Schmidt, Christoph M, 2001. "The Wage Performance of Immigrant Women: Full-Time Jobs, Part-Time Jobs and the Role of Selection," CEPR Discussion Papers 2702, C.E.P.R. Discussion Papers.
  7. Euwals, Rob & Börsch-Supan, Axel H. & Eymann, Angelika, 2000. "The Saving Behaviour of Two Person Households: Evidence from Dutch Panel Data," IZA Discussion Papers 238, Institute for the Study of Labor (IZA).
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