Arbeitspapier
Wages and the demand for health - a life cycle analysis
This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand equations. We find evidence of negative transitory wage effects, and positive permanent effects. Estimation results based on our life cylce framework lead to very different conclusions than those based on static cross section analyses that are common in the literature. This analysis emphasises the importance to analyse health related behaviour in a dynamic life cycle context.
- Language
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Englisch
- Bibliographic citation
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Series: IFS Working Papers ; No. W99/20
- Classification
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Wirtschaft
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Health Behavior
- Subject
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Produktqualität
Bewertung
Theorie
- Event
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Geistige Schöpfung
- (who)
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Dustmann, Christian
Windmeijer, Frank
- Event
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Veröffentlichung
- (who)
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Institute for Fiscal Studies (IFS)
- (where)
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London
- (when)
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2000
- DOI
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doi:10.1920/wp.ifs.2000.9920
- Handle
- Last update
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10.03.2025, 11:42 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
- Dustmann, Christian
- Windmeijer, Frank
- Institute for Fiscal Studies (IFS)
Time of origin
- 2000