Arbeitspapier
Age-differentiated QALI Losses
In this paper we evaluate the QALY loss, which may be assigned to the prevalence of specific chronic illnesses and physical handicaps. The analysis is based on an individual self-rating health satisfaction question asked in the British Household Panel Survey data set. This question provides a natural cardinalization of health utility .Our method is a refinement of the method introduced by Cutler and Richardson (1997). We extend their approach in two directions. First, the health utility loss caused by a specific illness is allowed to have a different impact on individuals depending on their age. The empirical analysis shows that there are indeed significant age effects. The second extension deals with the cardinalization procedure chosen by Cutler and Richardson. They implicitly assume a linear effect of underlying explanatory variables on the evaluation of health. Instead, we suggest a more natural cardinalization, which does not exclude non-linearities.
- Language
-
Englisch
- Bibliographic citation
-
Series: Tinbergen Institute Discussion Paper ; No. 02-015/3
- Classification
-
Wirtschaft
Health: General
Health Behavior
- Subject
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Chronic Illnesses
Health Satisfaction
QALY loss
Subjective Health
Gesundheitsökonomik
Index
Lebensqualität
Altersgruppe
Krankheit
Kosten-Nutzen-Analyse
Theorie
Großbritannien
- Event
-
Geistige Schöpfung
- (who)
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van Praag, Bernard M.S.
Ferrer-i-Carbonell, Ada
- Event
-
Veröffentlichung
- (who)
-
Tinbergen Institute
- (where)
-
Amsterdam and Rotterdam
- (when)
-
2002
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- van Praag, Bernard M.S.
- Ferrer-i-Carbonell, Ada
- Tinbergen Institute
Time of origin
- 2002
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