This paper finds a strong positive correlation between female labor force participation and negative health outcomes for middle-aged men and women, and suggests that this correlation is mediated by household-level stress. At the crosscountry aggregate level, I show that labor force participation of women is associated with increased mortality rates among both men and women. At the individual le...

Flu Shots, Mammograms, and the Perception of Probabilities We study individuals’ decisions to decline or accept preventive health care interventions such as flu shots and mammograms. In particular, we analyze the role of perceptions of the effectiveness of the intervention, by eliciting individuals’ subjective probabilities of sickness and survival, with and without the interventions. Responden...

Using longitudinal data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey (2001-2013) we examine the relationship between the dynamics of worklimiting disability and employment, hours of work, earnings and life satisfaction. We employ two alternative classifications of the dynamic trajectories of disability and, in doing so, are able to explicitly consider the influence...

Evidence on Individual Preferences for Longevity Risk The standard model of intertemporal choice assumes risk neutrality toward the length of life: due to additivity, agents are not sensitive to a mean preserving spread in the length of life. Using a survey fielded in the RAND American Life Panel (ALP), this paper provides empirical evidence on possible deviation from risk neutrality with respe...

PurposeWe respond to some challenges in the transition to Sustainable Development Goals by examining the correlations between mobile and inclusive development (quality of growth, poverty and inequality) in 93 developing countries for the year 2011. Design/methodology/approachMobile money service entails: ‘mobile used to pay bills’ and ‘mobile used to receive/send money’. Interactive Ordinary Le...

Willingness to Accept Equals Willingness to Pay for Labor Market Estimates of the Value of Statistical Life Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of workers’ decisions concerning exposure to fatal injury ...

In this paper, we model the elderly’s choice among health plans using data from a 1988 study of the Minneapolis—St. Paul Medicare health plan market. We show how attitudinal data can be combined with revealed preference data to provide more reliable estimates of consumers’ preferences for and perceptions of the attributes of choice alternatives. We develop an extended heterogeneous logit model ...

A copula is best described, as in Joe (1997), as a multivariate distribution function that is used to bind each marginal distribution function to form the joint. The copula parameterises the dependence between the margins, while the parameters of each marginal distribution function can be estimated separately. This is a brief introduction to copulas and multivariate dependence issues within a h...

Indebted and Overweight: The Link Between Weight and Household Debt There is a substantial correlation between household debt and bodyweight. Theory suggests that a causal relationship between debt and bodyweight could run in either direction or both could be caused by unobserved common factors. We use OLS and Propensity Score Matching to ascertain if household debt (measured by credit card ind...

This paper presents a comparison of power of panel tests of cointegration and show how the choice of most powerful test depends on the values of the sample statistics. Country-by-country and panel stationarity and cointegration tests are performed using a panel of 20 OECD countries observed over the period 1971-2004. Residual-based tests and a cointegration rank test in the system of health car...