Testing for an economic gradient in health status using subjective data.

@article{Lokshin2008TestingFA,
  title={Testing for an economic gradient in health status using subjective data.},
  author={Michael Lokshin and Martin Ravallion},
  journal={Health economics},
  year={2008},
  volume={17 11},
  pages={1237-59}
}
Can self-assessments of health reveal the true health differentials between 'rich' and 'poor'? The potential sources of bias include psychological adaptation to ill-health, socioeconomic covariates of health reporting errors and income measurement errors. We propose an estimation method to reduce the bias by isolating the component of self-assessed health that is explicable in terms of objective health indicators and allowing for broader dimensions of economic welfare than captured by current… CONTINUE READING

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