Search Results

No results found.

(refine search)
SORT BY: PREVIOUS / NEXT
Author:Zhao, Kai 

Working Paper
The Evolution of Health over the Life Cycle

We construct a unified objective measure of health status: the frailty index, defined as the cumulative sum of all adverse health indicators observed for an individual. First, we show that the frailty index has several advantages over self-reported health status, particularly when studying health dynamics. Then we estimate a stochastic process for frailty dynamics over the life cycle. We find that the autocovariance structure of frailty in panel data strongly supports a process that allows the conditional variance of frailty shocks to increase with age. Our frailty measure and dynamic process ...
FRB Atlanta Working Paper , Paper 2019-12

FILTER BY Bank

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

FILTER BY Jel Classification

C33 1 items

I10 1 items

I14 1 items

FILTER BY Keywords

PREVIOUS / NEXT