TY  - RPRT
        AU  - Halliday, Timothy J.
        TI  - Health Inequality over the Life-Cycle
        PY  - 2009/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4369
        UR  - https://www.iza.org/index.php/publications/dp4369
        AB  - 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.
        KW  - dynamic panel data models
KW  - variance decomposition
KW  - health
        ER  -