%0 Report
        %A Halliday, Timothy J.
        %T Health Inequality over the Life-Cycle
        %D 2009
        %8 2009 Aug
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 4369
        %U https://www.iza.org/index.php/publications/dp4369
        %X We investigate the evolution of health inequality over the life-course. Health is modeled as a latent variable that is determined by three factors: endowments, and permanent and transitory shocks. We employ Simulated Minimum Distance and the Panel Study of Income Dynamics to estimate the model. We estimate that permanent shocks account for under 10% of the total variation in health for the college educated, but between 35% and 70% of total health variability for people without college degrees. Consistent with this, we find that health inequality moves substantially more slowly over the life-course for the college educated.
        %K dynamic panel data models
%K variance decomposition
%K health