Dynamics of self-rated health and selective mortality.

TitleDynamics of self-rated health and selective mortality.
Publication TypeJournal Article
Year of Publication2011
AuthorsHeiss, F
JournalEmpir Econ
Volume40
Issue1
Pagination119-140
Date Published2011 Feb 01
ISSN Number0377-7332
Abstract

Self-rated health status (SRHS) is one of the most frequently used health measures in empirical health economics. This article analyzes the first seven waves of the Health and Retirement Study (HRS) and finds that (1) all available lags have decreasing but significant predictive power for current SRHS and (2) SRHS and future mortality are strongly related which leads to a specific selection problem known as survivorship bias. A parsimonious joint model with an autocorrelated latent health component in both the SRHS and the mortality equation is suggested. It is better able to capture the empirical facts than commonly used models including random effects and/or state dependence and better able to correct the survivorship bias than commonly used strategies such as inverse probability weighting.

Notes

P01 AG005842-24/NIA NIH HHS/United States Empirical economics Nihms264233 Empir Econ. 2011 Feb 1;40(1):119-140.

DOI10.1007/s00181-010-0422-3
User Guide Notes

http://www.ncbi.nlm.nih.gov/pubmed/21423875?dopt=Abstract

Endnote Keywords

Self assessed health/Mortality/methodology/survivorship bias/survivorship bias

Endnote ID

62768

Alternate JournalEmpir Econ
Citation Key7655
PubMed ID21423875
PubMed Central IDPMC3058520
Grant ListP01 AG005842 / AG / NIA NIH HHS / United States
P01 AG005842-24 / AG / NIA NIH HHS / United States
U01 AG009740 / AG / NIA NIH HHS / United States