Working Paper: NBER ID: w9897
Authors: Florian Heiss; Michael Hurd; Axel Börsch-Supan
Abstract: Health, wealth and where one lives are important, if not the three most important material living conditions. There are many mechanisms that suggest that living arrangements and well-being derived from health and economic status are closely related. This paper investigates the joint evolution of the three conditions, using a microeconometric approach similar to what is known as vector autoregressions' (VAR) in the macroeconomics literature.
Keywords: No keywords provided
JEL Codes: I0
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| living arrangements (R21) | health outcomes (I14) |
| decline in wealth (E21) | changes in living arrangements (J12) |
| decline in health (I12) | transitions into nursing homes (J26) |
| economic status (P46) | transitions into nursing homes (J26) |
| family characteristics (J12) | transitions into nursing homes (J26) |