We investigate the evolution of health over the life-cycle. We allow for two sources of persistence: unobserved … individual characteristics that trace back to early adulthood and before can have far reaching effects on health. …

We employ data from the Panel Study of Income Dynamics to investigate income to health causality. To account for … Granger-type causality running from income to health for married men but not for women or single men. These effects are more … unobserved heterogeneity, we focus on the relationship between earnings growth and changes in self-reported health status. Causal …

We investigate the evolution of health inequality over the life-course. Health is modeled as a latent variable that is … 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 …

A positive relationship between socio-economic status (SES) and health, the so-called "health-wealth gradient", is … repeatedly found in most industrialized countries with similar levels of health care technology and economic welfare. This study … analyzes causality from health to wealth (health causation) and from wealth to health (wealth or social causation) for elderly …

We investigate the impact of exogenous income fluctuations on health using twenty years of data from the Panel Study of … previous literature on health and socio-economic status, we find that, on average, adverse income shocks lead to a … Income Dynamics using techniques from the literature on the estimation of dynamic panel data models. Contrary to much of the …