@TechReport{iza:izadps:dp12673,
            	author={García-Muñoz, Teresa and Neuman, Shoshana and Neuman, Tzahi},
            	title={A Fresh Look at the Health-Wealth Correlation: A Case Study of European Countries},
            	year={2019},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={12673},
            	url={https://www.iza.org/publications/dp12673},
	abstract={This paper contributes to the development-health literature by studying the correlation between development measures (see below) and health measures - one subjective ('self-assessed-health-status'), and the other one objective (the individual's 'number of chronic diseases'). Correlations are examined for 29 European countries, using the SHARE data set, and country-level development measures. Specifically, we examine whether country fixed-effects in regressions of health measures, controlling for individual socio-demographic variables, are significantly correlated with country development variables, which include: logarithm of per-capita GDP; the Human Development Index; the Social Progress Index; life expectancy; percentage of GDP spent on health; and the novel measure expressed by the Environmental Health Index. The novelty of our study is the introduction of a channel for the significant health-wealth correlation, speculating that the driving forces are psychological. },
	keywords={development;self-assessed-health-status;diseases;environmental hazards;psychological motives;SHARE;Europe},
            }